Traders' Fine Upped To $7.5M Following High Court Precedent

By McCord Pagan (February 10, 2021, 2:28 PM EST) -- A New York federal judge has sided with the U.S. Securities and Exchange Commission and increased the civil penalties against two traders and their firm who were previously convicted for defrauding investors to $7.5 million from $5 million following a separate but precedential decision in the U.S. Supreme Court last summer....

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