NY watchdog advises speed traders to 'soul-search' amid probe
Investor Protection Bureau head Chad Johnson said during his remarks at an event that speed traders need to come up with ways on how to improve trading practices, Bloomberg reported.
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An amendment passed at the US Senate would postpone the required breaks on truckers at night, which would further reduce the current work week cap of 70 hours, Bloomberg reported.
The office of Manhattan District Attorney Cyrus R. Vance Jr has allegedly conducted an investigation into the alleged theft of proprietary computer code at KCG Holdings Inc, a source disclosed to Bloomberg.
According to a prosecutor in Rafael Hui's trial, the former second senior government official used his position of power for personal gain, and had amassed over HK$35 million ($4.5 million) in form of payments and loans between the years 2005 to 2007 for himself from Sun Hung Kai Properties Ltd.
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