U.S. authorities accuse Platinum Partners of falsely reporting an average of 17% returns while collecting more than US$100 million in fees
International scheme used stolen releases to make trades before the information came out
Crude prices rise
Cecil Speight carried out his fraud through his ownership of International Stock Transfer
False Tweets sent the stock prices of two companies plunging
Bank to fire six in settlement with U.S. regulations
Case responds to hedge fund manager who argued the U.S. regulator’s internal process infringed on his constitutional rights
The Fed expects slower growth, lower inflation next year and in 2017
Recovered funds won’t be adjusted for interest or inflation