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Trader's Fraud Caused Broker-Dealer's Collapse, Jury Hears

By Lauraann Wood ( January 24, 2024, 7:38 PM EST) -- A now-defunct Atlanta broker-dealer's former head of fixed income trading caused the firm to bleed money and eventually go under by engaging in several years of bond trading activity that he himself described as fraudulent, a federal prosecutor told an Illinois jury Wednesday....

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