Tag: models

In mid-September the Commission settled an action centered on a false claim by a dark pool operator that high frequency traders were not permitted in the venue. In the Matter of Citigroup Global Markets, Inc., Adm. Proc. File No. 3-18766 …

SEC Sanctions Credit Suisse For Inaccurate Marketing Read More »

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The Commission filed actions this week keyed to the use of financial models and controls. One group of cases centered on the Transamerica Companies. There untested, error ridden financial models were deployed. In another Moody’s was sanctioned for failing to …

This Week In Securities Litigation (Week ending August 31, 2018) Read More »

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