Tag: Magnetar

SEC Issues More Fines Over Magnetar Deals – and Appears to Move on

by MGx Staff | Dec 12, 2013 | Politics | 0 |

Bank of America, agreed to pay a fine of $131 million, but did not admit wrongdoing in the deals, which were created at the behest of an Illinois-based hedge fund called Magnetar

Yet Another Bank Fined for a Magnetar Deal, With Yet More Revealing Emails

by MGx Staff | Mar 18, 2013 | Featured, National | 0 |

A Massachusetts financial regulator fined Deutsche Bank $17.5 million Wednesday, saying that the bank did not disclose the role of a securities unit or Magnetar in structuring one such deal – a collateralized debt obligation known as Carina CDO Ltd