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Ex-RMBS Trader Pays SEC $100K Fine For Misleading Sales

By Tom Zanki ( September 27, 2016, 7:26 PM EDT) -- Former Morgan Stanley & Co. trader Nicholas M. Bonacci agreed to pay a $100,000 fine Monday to settle U.S. Securities and Exchange Commission charges he deceived customers into paying inflated prices for residential mortgage backed securities in order to increase revenue for the bank....

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