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February 7, 2007

More Improper Trading Charges Against NYSE Specialist Firms

NYSE regulators brought charges against eleven current or former employees of floor-trading speclalist firms for profiting by stepping in front of customers' trades.  This brings to 35 the people charged in this three-year long investigation.  Some of the employees were acquitted of criminal charges.  See WSJ, NYSE Pursues 11 at Specialist Firms In Improper-Trades Case.

February 7, 2007 in News Stories | Permalink

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