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Macquarie Securities (NZ) fined $40k, censured over client error in Westpac trading
Macquarie Securities (NZ) has been fined $40,000 and publicly censured by the New Zealand Markets Disciplinary Tribunal after a client mistakenly placed orders to buy Westpac Banking Corp shares on the NZX instead of the ASX, causing a 19 percent price spike.
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