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IFS Securities won an arbitration award against its former head of fixed income trading who faces criminal charges.
A liquidation trust for IFS Securities, Inc., a bankrupt broker-dealer based in Atlanta, Ga., has won an arbitration award of $57 million against a former IFS trader, Keith A. Wakefield, an alleged fraudster who held the post of managing director and head of fixed income trading at the firm, officials say. A key aspect of...
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