Three traders from Nomura Securities International, Inc. went on trial in early May 2017 for overcharging client in trades involving residential mortgage backed securities or RMBS. The U.S. Attorney’s Office for the District of Connecticut claims the traders lied when …
Tag: RMBS
SEC Charges Three RMBS Traders With Lying To Clients
The SEC and the U.S. Attorney’s Office for the District of Connecticut charged three senior traders with fraud by misrepresenting pricing information to clients regarding securities traded in opaque markets. In those markets clients often rely on the trader for …
SEC Charges Three RMBS Traders With Lying To Clients Read More »