Regulator contends that Damien Reynolds used his mother’s brokerage account to create an artificially low price in his company’s shares
Regulators must take more steps in response to May incident
Review of trading activity shows no systems issues during market plunge
Share price of British bank was not only affected by rumours, but by the interaction of other complex factors
GE earnings rise 4%
Businessman admits to market manipulation
Account was used to conduct a high-tech market manipulation scheme
Franklin Advisers to pay US$50 million
Firm agrees to pay US$90 million
Few signs of detriment to long term investors