Franco Giuseppe, former CFO of Permasteelisa Pacific Holdings (PPH), was fined $40,000 each on three counts of insider trading and fined an additional $80,000 each on two counts of market rigging. A total of 15 similar charges were taken into consideration by District Judge Kessler Soh when passing sentence. Mr Giuseppe had pleaded guilty in February earlier this year.
‘Enforcement 40’ for 2020
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