A former trader at the Galleon Group hedge fund lost his bid to be freed on bail while he challenges his conviction and 10-year prison sentence for insider trading related to two corporate mergers.
CME Group Inc on Friday fined a unit owned by JPMorgan Chase & Co $210,000 and an affiliate of Credit Suisse $175,000 for various trading violations.
A disciplinary board of the Virginia State Bar said on Friday it had suspended the law license of former Governor Robert McDonnell after his conviction on 11 felony federal corruption charges.