Sentence examples for improper trade from inspiring English sources
During last month's hearing, he noted that not one customer ever complained to the company, that every improper trade was documented and that one customer knew nothing about the exchange-traded funds in his account.
For years, the SEC has warned investment advisers about practices that could give rise to suspicions of improper trade allocation.
A1 Improper Trade Verdict A New York State judge has found that Clark E. McLeod, the former chief executive of McLeod-USA, a once high-flying telecommunications company, is liable for improper trading of hot new stock offerings during the technology stock boom.
"So I think a lot of what we need is elimination of inappropriate and in most cases improper trade barriers to us," he said.
This money will compensate investors for losses from the improper trading and for fees they paid to have their money managed while the improper trading was occurring.
Earlier Monday, prosecutors also sought to link Mr. Rajaratnam to improper trading in Google.
Trade Exchange Network, the complaint said, also failed to honor a 2005 agreement that it halt improper trading.
This week the NYSE told five specialists that they would be punished for improper trading.
The bad ones, who try to cover up improper trades, are relatively easy to detect.
Federal prosecutors say the conspiracy lasted from January 2002 to December 2003, but both complaints list improper trades only after June 2002.
