Trader Jett Asked to Pay Up, Again Joe Jett, the young bond trader at Kidder Peabody, who was the central figure in one of Wall Street's most high-profile trading scandals, has been told to pay up to the tune of $8.4 million. Jett, who now runs...
Don't call Mark Beloyan a penny stock tout. Sure, Beloyan speculates in low-priced securities. And, yes, his book is built around trading and finding retail investors who want to make a bet on the shares of companies that are more or less still in...
The Securities Exchange Commission (SEC) charged 38 defendants of stealing more than $12 million in stock loan kickbacks from their Wall Street employers. Basically stock loan traders at Morgan Stanley, A.G. Edwards, Nomura Securities and...
The SEC has thrown a bone to the large brokerage firms. After taking away fee-based brokerage accounts in March, the Commission has eased the requirements of principal trading rules.