Jan. 24 (Bloomberg) -- The Monetary Authority of Singapore said it won’t tolerate “window dressing” by fund managers in its response to an appeal against the civil stock-rigging lawsuit it won last year against Pheim Asset Management Sdn.“Any other decision would encourage and embolden professional market players to flout the rules and undermine the integrity of the market,” the central bank said ..... Full story
Related:
Singapore says ‘no’ to window dressing - uncommonwisdomdaily.com
Singapore Criticizes Fund Managers’ ‘Window Dressing’- BusinessWeek
