A spokesman for Soros told the newspaper that Soros Fund Management had already paid the fine.
PSZÁF announced on March 27 that it had fined Soros Fund Management for unfair market influence in connection with the company's sale of 325,000 OTP Bank shares during the final minutes of trade the Budapest Stock Exchange (BSE) on October 9, 2008, causing the OTP's share value to plunge to a closing decline of 14.33%.
The Budapest Municipal Court will consider Soros Fund Management's appeal of the PSZÁF fine beginning on December 3.
The spokesman for Soros declined to reveal whether Soros Fund Management currently trades shares listed at the BSE. (MTI-ECONEWS)
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