Monday, 28 July 2014
Last updated 6 hours ago
Dec 13 2011 | 2:21am ET
Former Galleon Group trader Zvi Goffer has agreed to pay more than $1 million to settle Securities and Exchange Commission charges stemming from his leading role in the major insider-trading scandal.
Goffer, convicted in June of running one of two interlocking insider-trading rings, has also been barred from the financial services industry. Following his criminal conviction, Goffer was sentenced to 10 years in prison and ordered to pay more than $10 million in forfeitures.
The recent settlements end two SEC civil cases against Goffer.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…