February 19, 2015
VCAP Securities, LLC, Brett Thomas Graham
SANCTION AMOUNT: $1,477,332
Defendants: VCAP Securities, LLC
Brett Thomas Graham
Settlement with brokerage firm and its CEO for allegedly fraudulently deceiving market participants while serving as liquidation agent at CDO auctions, by arranging for a third-party broker-dealer to secretly bid to acquire certain bonds at the cheapest possible prices for them, using confidential bidding information that they provided.
- Key Docs
- Official SEC press release