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Fat Finger Wipes Out $58 Billion of India’s Stock Market Value
It took less than a minue for India’s Nifty Fifty Index to drop nearly 16%. And it took erroneous trades totallying only $125 million to temporarily wipe out $58 billion in ...
Investors Lose $1.7 Million in Fraudulent Indiana Forex Scheme
Saint Lucia is a lovely place to spend your honeymoon. Just ask Lyndsay Sayer. According to the Securities and Exchange Commission, Sayer allegedly used investors’ money to ...
Merrill Lynch Fined $500K for Not Reporting “Problem” Brokers
Would you like to know if your broker was previously sued by a client or accused of being an ax-murderer? Under the rules of the Financial Industry Regulatory Authority (FINRA) you ...
New York Firm Fined $5.9 Million for Allowing Market Manipulation
The Securities and Exchange Commision charged New York-based broker Hold Brothers On-Line Investment Services with “allowing traders outside the U.S. to access the markets and ...