Barclays mortgage bond trader fired for allegedly providing inaccurate information to clients

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Barclays Capital fired one of its mortgage bond traders after he allegedly lied to clients about residential mortgage-backed securities trades. According to a report from Bloomberg (first reported by Asset-Backed Alert), Barclays terminated Yoon Seok Lee on Feb. 11 for "allegations involving certain inaccurate communications to customers during.

Barclays mortgage bond trader fired for allegedly lying to clients Posted on May 23, 2015 | Leave a comment Barclays Capital ( BCS ) fired one of its mortgage bond traders after he allegedly lied to clients about residential mortgage-backed securities trades.

has been under investigation by the Securities and Exchange Commission for at least a year for allegedly artificially boosting returns from its trading of certain mortgage bonds, The Wall Street.

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