Two employees of unrelated trading firms were criminally charged in a federal court in New York City with stealing or trying to steal the source code of their employers’ proprietary trading platforms – one individual last week and the other on April 7. Separately, a broker-dealer and its chief executive officer accused last month by the Securities and Exchange Commission of aiding and abetting a client’s purported ongoing manipulative trading activities vehemently disputed such allegations, and said that its customer’s trading represented ordinary market activity. Additionally, the SEC sued 27 firms and individuals for their role in issuing fake news related to certain companies. Fake news? I’ve heard that somewhere before! As a result, the following matters are covered in this week’s edition of Bridging the Week:
Gary DeWaal is currently Special Counsel with Katten Muchin Rosenman LLP in its New York office focusing on financial services regulatory matters. He provides advisory services and assists with investigations and litigation.
April 16, 2017
April 09, 2017
April 02, 2017
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