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View Full Version : UBS to pay $49.8 million to settle SEC fraud charges over CDO - Reuters



FraudNews
08-06-2013, 06:33 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHKdGiLr--kcTdpyVCrS5zWj1QIBgamp;url=http://www.reuters.com/article/2013/08/06/us-ubs-sec-settlement-idUSBRE9750TS20130806bUBS to pay $49.8 million to settle SEC bfraud/b charges over CDO/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1Former ACA executive Laura Schwartz testified for the SEC in its recent trial against former Goldman vice president Fabrice Tourre over the creation and marketing of the Abacus CDO. On August 1, a Manhattan federal jury found Tourre liable for bfraud/b./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dlDYGzSP_otkTXMamp;ned=en_zanobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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