{"id":5473,"date":"2006-12-29T00:00:00","date_gmt":"2006-12-29T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"glg-partners-to-appeal-against-fine","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/12\/2006\/glg-partners-to-appeal-against-fine.html","title":{"rendered":"GLG Partners to appeal against fine"},"content":{"rendered":"<p>Times Online &#8211; GLG Partners will appeal against the second fine imposed by regulators this year over market abuse in relation to the use of confidential information before convertible bond sales.<\/p>\n<p>  GLG, one of Europe\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s largest hedge funds with $17 billion (\u00c3\u201a\u00c2\u00a38.5 billion) under management, faces a \u00c3\u00a2\u00e2\u20ac\u0161\u00c2\u00ac1.2 million (\u00c3\u201a\u00c2\u00a3810,000) fine by the French authorities over its role in a 2002 bond issue by  Alcatel. Deutsche Bank faces a \u00c3\u00a2\u00e2\u20ac\u0161\u00c2\u00ac300,000 fine.<\/p>\n<p>  Details of the fines emerged yesterday after a lengthy investigation by France\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s Autorit\u00c3\u0192\u00c2\u00a9 des March\u00c3\u0192\u00c2\u00a9s Financiers into the handling of confidential information before the formal launch of the bond  sale.<\/p>\n<p>  The AMF is also investigating GLG and Deutsche Bank in relation to a 2002 bond sale by Vivendi.<\/p>\n<p><a href=\"http:\/\/business.timesonline.co.uk\/article\/0,,13130-2522863,00.html\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Times Online &#8211; GLG Partners will appeal against the second fine imposed by regulators this year over market abuse in relation to the use of confidential information before convertible bond sales. GLG, one of Europe\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s largest hedge funds with $17 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5473","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5473"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5473\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}