We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Winning for losing

4 June 2014 By Reynolds Holding

A U.S. appeals court has ruled that Jed Rakoff overreached in rejecting the bank’s $285 mln settlement with the SEC. But the watchdog and other courts have already adopted his policy of forcing miscreants to admit fault. That looks like a win for investors as well as the judge.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)