Earlier this month there was a development in one of the most ingenious hacking and securities fraud efforts in a long time — one that in theory would make for a great crime/thriller movie. To refresh your memory, we reported [ http://bit.ly/2bLHdUQ ] that in a major anti-fraud action, the SEC issued charges against 32… Read More >>
Two Ex-Rabobank Traders Face Jail Time in the U.S.
While U.S. presidential candidates cry for more investment banking personnel to be in orange jumpsuits, two former derivatives traders for Rabobank, headquartered in Utrecht, The Netherlands, might one day be donning new outfits as they have been sentenced to serve time in a U.S prison. The sentencing of the two British nationals last week followed… Read More >>
Time to Ramp Up Social Media Risk Management?
Financial services firms may want to up their social media compliance training say industry experts reacting to the news that a federal grand jury in San Francisco and the SEC are charging James Alan Craig, who lives in Scotland, with securities fraud via an alleged scheme involving Twitter accounts and damaging messages. In fact, to… Read More >>
