fines

Former SAC Capital trader fined $2 million Fallback Image Decorative pattern

Industry

Former SAC Capital trader fined $2 million

Michael Steinberg, a former top trader at SAC Capital, has been sentenced to three and a half years in prison and a $2 million fine by a federal court, the New York Times reports.

By Staff |May 16, 2014

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IIROC fines Toll Cross Securities Fallback Image Decorative pattern

Industry

IIROC fines Toll Cross Securities

On April 15, 2014, a hearing panel of IIROC accepted a settlement agreement between IIROC staff and Toll Cross Securities Inc. ("TCSI").

By Staff |May 7, 2014

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Judge orders former Goldman VP to pay $825K Fallback Image Decorative pattern

Industry

Judge orders former Goldman VP to pay $825K

Fabrice Tourre, a former Goldman Sachs Group trader, has been ordered to pay $825,000 by a U.S. judge, reports Reuters.

By Staff |March 12, 2014

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JPMorgan Chase weathers storm of fines Fallback Image Decorative pattern

Industry

JPMorgan Chase weathers storm of fines

The $20 billion in fines regulators levied against JPMorgan Chase in the past year may seem big, but the bank's even larger profits have taken their sting away, reports the New York Times.

By Staff |January 8, 2014

1 min read