Former Jefferies & Co. Managing Director Jesse Litvak was convicted in the only criminal case against an individual in connection with a U.S. program that used bailout funds to spur investment in mortgage-backed securities. Litvak, 39, of New York, was found guilty by a federal jury yesterday of all counts […]
Author: InvestAdvocate
Bear Run Persist at NSE, All-Share Index Dip by 1.53% to End Week
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bear run has persist for the third consecutive week at the Nigerian bourse as all-share index (ASI) dipped by 1.53 percent for the week ended March 07, 2014. The Nigerian stock exchange (NSE) weekly stock market report shows that ASI for the week depreciated by […]
U.S. SEC probes alleged fraud at fast trader Infinium: SEC letter
The U.S. Securities and Exchange Commission has launched an inquiry into whether high-speed trader Infinium Capital Management violated federal securities laws, according to a SEC letter obtained by Reuters. The SEC has sought documents and recordings related to a lawsuit that former Infinium employees brought against the Chicago-based firm in […]
