Nomura RMBS Trader Disputes Materiality Of SEC Fraud Suit
By Pete Brush ( May 30, 2018, 6:25 PM EDT) -- A former Nomura Securities International trader told a Manhattan federal judge Wednesday that the U.S. Securities and Exchange Commission's fraud case against him boils down to two alleged fibs representing a minuscule amount of money that is not material compared to the value of the multimillion-dollar mortgage bundles he sold....
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