Estimated reading time: 0 minutes, 20 seconds

Brian Hirsch has received more than $1 million in kickbacks in exchange for providing clients with preferential access to lucrative initial public offerings, according to allegations by the Securities and Exchange Commission. So reports LeapRate.

Hirsch accepted the kickbacks while working on the wealth syndicate desks of two undisclosed broker dealers and, in one instance, a client generated approximately $4 million in trading profits.

Read the full article from LeapRate.

Last modified on Friday, 05 January 2018
Read 2100 times
Rate this item
(0 votes)
Tagged under

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline