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Broker admits involvement with post-it notes insider ring

Fin Ring

A former mortgage broker from Brooklyn admitted on Friday to being the glue that held together an insider trading ring that involved the passing of stock tips on Post-it notes and napkins in meetings at restaurants in Midtown Manhattan and at Grand Central Terminal.

BofA and NYSE sued over high-frequency trading

Terminator

Bank of America and the New York Stock Exchange were among dozens of exchanges, brokerages and traders sued over high-frequency trading by the city of Providence, Rhode Island, over claims they rigged securities markets to divert billions of dollars from buyers and sellers of shares.

High-speed traders to be subpoenaed in U.S. probe

Trading

New York Attorney General Eric Schneiderman sent subpoenas to six high-frequency trading firms seeking information about special arrangements they have with exchanges and dark pools as well as their trading strategies, according to a person familiar with the matter.

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