Stock Markets
SEC sues ex-NY loan trader over alleged kickbacks (Reuters)
Reuters - A former stock loan trader at Morgan Stanley and Bank of America Corp in New York received well over $100,000 of cash kickbacks by steering orders to other brokerage firms, the U.S. Securities and Exchange Commission said in a lawsuit filed on Tuesday.
U.S. SEC's chief economist to leave agency March 31 (Reuters)
Reuters - The U.S. Securities and Exchange Commission's chief economist, James Overdahl, will be leaving at the end of the month, he said on Tuesday.
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