Law & Crime Breaking News: UBS to Pay $49.8 Million to Settle SEC Fraud Charges Over CDO

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Law & Crime Breaking News: UBS to Pay $49.8 Million to Settle SEC Fraud Charges Over CDO

Law & Crime Breaking News: UBS to Pay $49.8 Million to Settle SEC Fraud Charges Over CDO
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Law & Crime Breaking News: UBS to Pay $49.8 Million to Settle SEC Fraud Charges Over CDO

by Wochit 0:58 mins

UBS AG agreed to pay $49.8 million to settle U.S. SEC charges it misled investors about a mortgage bond transaction it structured prior to the 2008 financial crisis The military trial for the Army psychiatrist accused in the 2009 Fort Hood shooting rampage began under heavy security at the Texas base, and it seems likely to unfold as a faceoff between the gunman and his victims. During the opening day of the trial at Fort Hood, military prosecutor Col. Steve Henricks told jurors that Army psychiatrist, Maj. Nidal Malik Hasan, accused in the deadliest mass shooting ever on a U.S. military installation planned to "kill as many soldiers as he could."

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