VARA has introduced greater leverage controls and collateralization requirements through provisions in its Broker-Deal and Exchange Rulebooks
The exchange fired staff involved in the breach on the spot and will press criminal charges.
The exchange fired staff involved in the breach on the spot and will press criminal charges.
Mashinsky pled guilty to securities and commodities fraud charges last December.
All eyes will now turn to Fed Chair Jerome Powell's post-meeting press conference for further clues about the central bank's thinking on monetary policy.
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