The SEC’s order also finds that although Credit Suisse touted “robust” and “enhanced” price improvement on orders, RES’s computer code treated orders for which execution quality is required to be publicly reported diffe
Working with over 1,000 funds, the firm is actively involved in the most current legal trends in the industry.
The ruling, however, could hardly have been welcome news at Morgan Stanley and may even have broader implications for the brokerage industry
Chanu is seeking to be released on bond to Dubai in the United Arab Emirates, where he currently works at a trading company, his lawyer said.
Last month LPL, which did not provide a response to an inquiry for this story, filed an answer to Beaufort’s complaint.