Nomura Warned Against Lying After Jefferies Trader ChargedBy and
Charges against ex-Jefferies trader spurred training session
At least one allegedly fraudulent trade done after session
Nomura Holdings Inc. held a training session after a former Jefferies & Co. managing director was indicted for fraud and encouraged its traders not to lie -- but that didn’t stop the fibbing to customers about bond prices, according to U.S. prosecutors.
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