Published Sep 11, 2026, 6:33 PM ET · Updated 2 months ago · 1 source
Bond Trader Whose Wrong-Way Bets Collapsed Firm Gets 16 Years
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Original Report
A former trader at IFS Securities Inc. was ordered to serve more than 16 years in prison for unauthorized bond trades in 2019 that led to $30 million in losses and bankrupted the Chicago broker-dealer.