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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

Gaynor unaware of Milford’s direct share trading, court hears

Alleged market manipulator Mark Warminger questioned on extent of the firm's oversight

Tim Hunter
Mon, 17 Oct 2016

Milford Asset Management director Brian Gaynor did not know the firm had direct market access to share trading, the High Court has heard.

The Financial Markets Authority alleges Milford portfolio manager Mark Warminger used direct market access, known as DMA, as part of a strategy to manipulate

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Tim Hunter
Mon, 17 Oct 2016
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Gaynor unaware of Milford’s direct share trading, court hears
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