The U.S. Securities and Exchange Commission has filed “settled charges” against registered broker-dealer Bloomberg Tradebook LLC, founded in 1996 but no longer in operation, for “making material misrepresentations and omitting material facts” about how the firm handled certain customer trade orders. Bloomberg Tradebook has agreed to be censured and will pay a $5 million dollar… Read More >>
Wall Street Bonuses Down for 2018: DiNapoli Report
2018 was a good year for the Wall Street securities industry, but that wasn’t reflected in the average bonuses paid out to the industry’s employees in New York City. That’s the word from New York State Comptroller Thomas P. DiNapoli, who unveiled his annual estimate of lagniappes paid out during the traditional bonus season to… Read More >>
