Statement on Judge's Ruling on Sanctions for Fabrice Tourre
Andrew Ceresney
Director, SEC Division of Enforcement
“We’re pleased that the judge’s decision imposes the disgorgement amount we recommended as well as other significant penalties for providing false marketing materials to investors. The ruling reflects the SEC’s intent of pursuing meaningful sanctions to punish individuals responsible for misconduct and deter others from violating the federal securities laws.”
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More Information:
Ceresney Statement on Tourre Verdict
Last Reviewed or Updated: March 12, 2014