March 18, 2016 BY Maria Nikolova

ASIC starts proceedings against Whitebox Trading over spike in ASX securities prices

The Australian Securities & Investments Commission (ASIC) today said it had started proceedings in the Federal Court of Australia in Sydney against Whitebox Trading Pty Limited and its director and principal, Johannes Boshoff. The proceedings relate to an investigation into the spike in the prices of securities comprised in the S&P/ASX 200 Index (Index Securities)…

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