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The U.S. District Court of the District of Connecticut granted the SEC's Motion to Dismiss an enforcement action against a brokerage firm and global investment bank trader for allegedly lying to customers about bond prices in trades of mortgage-backed securities. In support of its Motion, the SEC said that the case has been "administratively closed since December 12, 2014" and that the parties agree on dismissal. As previously covered , the trader was criminally charged for causing customers to overpay for bonds they purchased and accept lower prices for bonds sold. A jury convicted the trader