UBS Admits Rigging Auction Market on Derivatives
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM UBS Settles Fraud Cases Over Munis By EDWARD WYATT WASHINGTON — The Swiss bank UBS agreed to pay $160 million in fines and restitution because former employees conspired to rig bids in the municipal bond derivatives market, federal and state officials announced on Wednesday. The Justice Department, the Securities …
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