Jury Clears Ex-Nomura Trader, Rejects SEC No-Lying Theory

By Pete Brush (May 6, 2022, 3:43 PM EDT) -- A Manhattan federal jury on Friday cleared a former Nomura trader of fraud over lies he told to counterparties in the commercial bond market, rejecting the U.S. Securities and Exchange Commission's theory that traders must adhere strictly to factual statements....

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