From the NY Post: David Miller, the rogue Rochdale Securities trader whose $1
billion unauthorized Apple trade led to the firm’s collapse, pleaded guilty to
conspiracy and fraud yesterday. Miller,
40, entered his guilty plea before US Magistrate Judge Donna Martinez in Hartford , Conn.
Miller, who lives in Rockville
Center , NY
The bad bet saddled Rochdale
with $5.2 million in losses, forcing it out of business.
Miller will also be barred from working in the securities
industry as part of a settlement with the Securities and Exchange Commission…
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