carolm

[TimAlerts] $NMR Former Nomura traders accused of deceiving customers about mortgage bond prices The Securities and Exchange Commission yesterday announced fraud charges against three traders accused of repeatedly lying to customers relying on them for honest and accurate pricing information about residential mortgage-backed securities. The SEC alleges that Ross Shapiro, Michael Gramins, and Tyler Peters defrauded customers to illicitly generate millions of dollars in additional revenue for Nomura Securitie

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