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MARKET ABUSE — share price manipulation — whether demonstrated — yes
— FSMA s 118 — whether entering into contracts for difference knowing
counterparty would hedge by placing orders for stocks amounts to behaviour “in
relation to” qualifying investments — yes — whether open to FSA to take action
against dissolved Canadian corporation regulated in Canada and with no place of
business in United Kingdom — yes — scale of penalty — reference dismissed.
Published 1 December 2016