France fines Morgan Stanley $22 million for bond manipulation
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PARIS (Reuters) - France's markets watchdog AMF said on Tuesday it had fined U.S bank Morgan Stanley 20 million euros (£17.18 million) for manipulation of sovereign bonds.AMF said the fine related to manipulating the price of 14 French government bonds (OAT) and 8 Belgian bonds (OLO) on June 16 2015, and also of an OAT futures contract.AMF had noted a large sale of government bonds on June 16, 2015 disrupted the French MTS Global Market bond trading system, causing transactions to be suspended..