The former head of fixed-income trading at IFS Securities Inc., which filed for bankruptcy last year, was charged with fraud on Thursday for allegedly engaging in unauthorized speculative bond trading ...

A former executive at a defunct brokerage that accused him of "fraudulent and dishonest actions" that ran it out of business must pay the firm $57 million. IFS Securities, an Atlanta-based brokerage ...

Ex-IFS Securities trader Keith Wakefield committed securities and wire fraud when, as the broker-dealer's head of fixed income, the Chicago resident made forbidden speculative trades and embezzled ...

A federal judge approved civil sanctions against former IFS Securities Inc. trader Keith A. Wakefield, while a parallel criminal case advances with an arraignment set for Nov. 9. Wakefield is accused ...

A Chicago bond trader was convicted of fraud over unauthorized wrong-way Treasury bets that led to $30 million in losses and bankrupted broker dealer IFS Securities Inc. A jury convicted Keith ...

A Chicago fixed-income securities trader who next year will go on trial in criminal court for allegedly bankrupting his employer with fictitious trades has been ordered to pay $57 million by a Finra ...

Washington, D.C.--(Newsfile Corp. - September 30, 2021) - The Securities and Exchange Commission today charged Keith A. Wakefield, a former managing director and head of fixed income trading at IFS ...

IFS Securities announced today that former New York Governor David Paterson has joined the firm as chief strategist of U.S. affairs and chair of the firm’s advisory board. Paterson became the first ...