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Bond Trader Whose Wrong-Way Bets Collapsed Firm Gets 16 Years

A former trader at IFS Securities Inc. was ordered to serve more than 16 years in prison for unauthorized bond trades in 2019 that led to $30 million in losses and bankrupted the Chicago broker-dealer.

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BloombergLean L·2h ago
Bond Trader Whose Wrong-Way Bets Collapsed Firm Gets 16 Years
A former trader at IFS Securities Inc. was ordered to serve more than 16 years in prison for unauthorized bond trades in 2019 that led to $30 million in losses and bankrupted the Chicago broker-dealer.
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Bond Trader Whose Wrong-Way Bets Collapsed Firm Gets 16 Years

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Bond Trader Whose Wrong-Way Bets Collapsed Firm Gets 16 Years

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Bond Trader Whose Wrong-Way Bets Collapsed Firm Gets 16 Years

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