Monetary Authority of Singapore Says Won’t Tolerate Fund Managers’ ‘Window Dressing’

BusinessWeek, 24 Jan 2011Jan. 24 (Bloomberg) -- The Monetary Authority of Singapore said it won’t tolerate “window dressing” by fund managers in its response to an appeal against the civil stock-rigging lawsuit it won last year against Pheim Asset Management Sdn.“Any other decision would encourage and embolden professional market players to flout the rules and undermine the integrity of the