BUENOS AIRES: Argentina's markets watchdog on Monday launched an investigation into what it believes may have been unlawful speculation by holdout creditors whose litigation against the country for repayment of their defaulted bonds pushed it into a new default last week.
"The use of insider information, which would be the case here, and market manipulation are crimes in Argentina; they are crimes in the United States, and they imply economic sanctions and eventually criminal sanctions," Vanoli told a news conference.