The Securities and Exchange Commission on Wednesday charged EGM Capital, a former San Francisco investment adviser, and its chief executive officer, Michael T. Jackson, with fraud for charging hedge fund clients in November 2000 with the cost of the firm’s $400,000 stock trading error.
Merrill Lynch 2Q profit rises 42 percent
Quarterly profits at Wall Street brokerage Merrill Lynch & Co. climbed 42 percent as the company managed a strong performance in its proprietary stock trading despite a second-quarter downturn in the markets, the company said Tuesday.
Tokyo stocks end up, dollar down vs. yen
On the stock market, early stock trading was range-bound as players adjusted positions after U.S
Nordstrom execs stock up on shares
It's not just women's shoes that are selling well at Nordstrom — company insiders have been snapping up shares of the stock. With the Seattle-based retailer's
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