Tag: opaque markets

The SEC, Trading In Opaque Markets And Compliance

The Commission filed settled administrative proceedings centered on a large brokerage firm’s trading in the market for residential mortgage backed securities or RMBS. The factual allegations may be familiar for many. Traders of RBMS lied to their counter-parties during the

Tagged with: , ,

Trading in Opaque Markets: Fraud, Materiality and Compliance

This is the second segment of an occasional series regarding a group of criminal and civil securities fraud actions involving trading in opaque markets and the lessons that can be drawn them; the first segment is here. Litvak I Jesse

Tagged with: , , , ,