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 ...