One Nomura trader convicted, one cleared at bond fraud trial

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Alston & Bird client tyler peters, a former bond trader at Nomura Securities International, Inc., was acquitted on all charges following a six-week jury trial in U.S. District Court in Hartford, CT. Peters was indicted in September 2015, along with two other Nomura bond traders, on nine counts of conspiracy, securities fraud, and wire fraud.

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One Nomura Trader Convicted, One Cleared at Bond Fraud Trial. One Nomura Trader Convicted, One Cleared at Bond Fraud Trial.. A former Nomura Holdings Inc. trader was found guilty of conspiring to lie to clients about mortgage-bond prices, while another was cleared of all charges in a verdict.

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The former trader. one of three Nomura Holdings Inc. bond traders charged by prosecutors with similar behavior, was convicted of one count of conspiracy to commit securities fraud after a.

A U.S. judge on Tuesday threw out the conspiracy conviction of a former Nomura Holdings Inc <8604.T> trader accused of lying to customers about mortgage bond prices, a setback for prosecutors in.

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Ex-Nomura trader found guilty, another cleared – – Hit the link below to access the complete Bloomberg News article: One Nomura Trader Convicted, One Cleared at Bond Fraud Trial. BofA Says $53 Billion Expense Target Is Just the Beginning

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Three former Nomura bond traders have been indicted for RMBS related fraud. A federal grand jury in New Haven has returned a 10-count indictment charging three former New york-based bond traders for Nomura Securities International with RMBS related fraud.

Nearing end of term, Obama’s snared no big Wall Street fish – The CEO of collapsed energy trader enron, Kenneth Lay, became the face behind a drive to revamp accounting laws in 2002. Both men were prosecuted for and convicted. fraud during the housing crisis.

"For example, we’re suing (financier and convicted inside trader) Ivan Boesky and (former Drexel Burnham junk bond chief) Michael Milken. country who had periodically taken cases. There was one.

Mortgage applications increase on higher purchase volume Expected slowdown in remodeling is good news for mortgage business That being said, America’s defect risk was still 11% higher. lower mortgage rates also fueled an increase in purchase transactions, as buyers took advantage of their increased house-buying power.”.

"I’m liquidating bonds," Meyer explained. Rice boarded his flight back to. The check to Hooks, Meyer said, was no good for one simple reason: meyer had been scammed. A business associate in.