International Financial Law Prof Blog
Katke was a registered broker-dealer and managing director at RBS Securities Inc. Katke admitted that he and others conspired to increase RBS’s profits on CLO bond trades at the expense of customers. As part of the scheme, Katke and his co-conspirators made misrepresentations to induce buying customers to pay inflated prices and selling customers to accept deflated prices for CLO bonds, all to benefit RBS. read on at International Financial Law Prof Blog
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