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 …

The SEC, Trading In Opaque Markets And Compliance Read More »

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The key role of compliance threads through the continuing saga of Jefferies & Co. trader Jesse Litvak as well as a series of similar cases. Mr. Litvak is one of a number of traders who were indicted by the U.S. …

The Impact of Compliance –Another Reversal For a Jefferies Trader Read More »

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