New Century: U.S. Probing Stock Trading
Subprime mortgage lender New Century Financial Corp. on Friday disclosed that a federal prosecutor and the New York Stock Exchange are conducting investigations into trading in the company’s stock.
March 3, 2007
FBR to Pay $7.5 Million For Trading Improperly
Friedman, Billings, Ramsey Group Inc. has agreed to pay $7.5 million in fines to securities regulators for improperly trading shares of CompuDyne Corp. while it was engaged as an investment banker for CompuDyne in 2001, the company said yesterday.
Stocks Slip After Firm Inflation Data
The PPI climbed a surprising 2% in November, while housing starts also rose more than expected
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