Trader

TD Fined £7 Million In the UK

December 17, 2009 Ainsley Brown Leave a comment

By: Ainsley Brown The Toronto Dominion Bank (TD), one of Canada’s leading financial instructions has been fined £7 million by the Financial Services Authority (FSA). The FSA, charged with policing financial institutions in the UK, has imposed the fourth highest fine in its history on TD for repeatedly failing “to follow established procedures in ensuring the trader’s books were independently

Banking, Investment, Regulation, Securities

The Booz Will Get You Every Time: London Trader Banned.

May 28, 2009 Ainsley Brown Leave a comment

By: Ainsley Brown As the popular Jamie Fox song goes: Blame It On The Alcohol. Well no says the Financial Services Authority (FSA), the UK financial sector watchdog, as it handed down a ban on a trader for “a lack of honesty and integrity.” Apparently the FSA frowns on making $10 million dollar trades and concealing it from superiors and

Asset Management, commodity, Public Policy, Regulation