Ex-Cantor bond trader on trial as defense assails profiteers

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Ex-Cantor bond trader on trial as defense assails profiteers. Ex-Cantor bond trader on trial as defense assails profiteers published.. Baez called the alleged victims in the case "profiteers" who made millions of dollars, lost no money and are still happy with the trades..

But that wasn’t the only defeat the government took in court on Thursday. That same day, a former mortgage bond trader at Cantor Fitzgerald, who stood accused of committing securities fraud by.

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Ex-Cantor bond trader on trial as defense assails profiteers Published.. Baez called the alleged victims in the case "profiteers" who made millions of dollars, lost no money and are still happy with the trades..When Fred Assini was a partner at his family’s home-remodeling company, he invariably would act as an intermediary for clients going.

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Recommended News. Ex-Cantor Bond Trader Is Accused of Lying While Defense Calls..A U.S. government crackdown on bond traders using questionable tactics resurfaced in a Connecticut courtroom at the trial of a former Cantor Fitzgerald LP managing director who is charged with lying to his customers.

On May 3, 2018, a three-judge panel on the Second Circuit Court of Appeals ("Second Circuit") vacated former bond trader Jesse Litvak’s conviction on one count of securities fraud, holding that the district court erred in admitting testimony from a counterparty concerning that counterparty’s mistaken understanding of Litvak’s role in the sale of residential mortgage-backed securities.

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Ex-Cantor bond trader on trial as defense assails profiteers Opinion.. Ex-Cantor bond trader on trial as defense assails profiteers published.. baez called the alleged victims in the case "profiteers" who made millions of dollars, lost no money and are still happy with the trades..