KRED

Tuesday, May 16, 2017

SEC Charges Ex-Nomura Head Traders Over MBS Lies

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The U.S. Securities and Exchange Commission on Monday charged a pair of former Nomura Securities International Inc. head traders with lying to customers about the prices of commercial mortgage-backed securities they were buying and selling in order to inflate Nomura’s profits and line their pockets.

May 16, 2017 at 02:37AM

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