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.
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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.