Thursday, December 13, 2012

Reuters: US Dollar Report: Japan fines U.S. fund Tiger Asia Partners for market manipulation

Reuters: US Dollar Report
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Japan fines U.S. fund Tiger Asia Partners for market manipulation
Dec 13th 2012, 06:52

TOKYO | Thu Dec 13, 2012 1:52am EST

TOKYO Dec 13 (Reuters) - Japan's securities watchdog said on Thursday it fined U.S. fund Tiger Asia Partners 67.71 million yen ($816,500) for manipulating markets through shares of Yahoo Japan Corp.

The fund's manager had on Wednesday agreed to settle insider trading charges in Chinese bank stocks, according to the U.S. Securities and Exchange Commission.

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