A former trader at hedge fund Regal Funds Management has been banned from providing financial services for five years after the corporate watchdog determined he had engaged in market manipulation.
Dylan Rands, a former dealer and portfolio manager at one of Australia’s best-known hedge funds, was given the ban for his dealings in ClearView Wealth shares, which were held by several Regal Funds.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
