Judge Won't Let Broker-Dealer Exit SEC 'Layering' Suit
By Jon Hill ( August 28, 2017, 10:59 PM EDT) -- A New York federal judge has refused to let broker-dealer Lek Securities Corp. and its CEO off the hook from a U.S. Securities and Exchange Commission suit that alleges the company aided a Ukrainian former client's efforts to influence securities prices using techniques like the "layering" of phony trades to mimic market forces....
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