10/10/2018/US SEC On October 3, 2018, the Securities and Exchange Commission obtained a final judgment against Ross B. Shapiro, the former head of the residential mortgage backed securities (“RMBS”) trading desk at Nomura Securities International (“Nomura”) in New York, in an action alleging fraud in trading mortgage-backed securities. The SEC […]
Frauds & Scandals
SEC Announces Settlement in Insider Trading Case Against Former Executive
October 10, 2018/US SEC The Securities and Exchange Commission announced today the entry of a final judgment against Dennis Hamilton, a former executive at Stamford, Conn.-based electronics company Harman International Industries, Inc. who had been charged with insider trading in Harman’s stock. On February 5, 2016, the Commission filed a […]
SEC Obtains Final Judgment in Forex-Based Offering Fraud Case
October 9, 2018/US SEC The Securities and Exchange Commission today announced that, on September 10, 2018, it obtained a final judgment in its civil action against Steve H. Karroum and his Virginia-based company, FX & Beyond Corporation. On February 16, 2017, the SEC filed a complaint in the U.S. District […]
