Glen Point Capital co-founder Neil Phillips should serve two years in prison for manipulating the US dollar-South African rand exchange rate, federal prosecutors argued in a court filing.
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tariff wallBlackRock's Rieder says cut, not hike, would tame U.S. inflationThe Daily Chase: Canada's Crypto King arrested on fraud chargesU.S. core CPI cools for first time in 6 months in relief for Fed'I'm bullish on commodities': Portfolio manager on the state of the Canadian dollarStatistics Canada reports wholesale sales down 1.
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Hedge Fund Manager Phillips Doesn’t Deserve Prison, Lawyers SayGlen Point Capital co-founder Neil Phillips, who was found guilty last year of manipulating the US dollar-South African rand exchange rate, shouldn’t have to serve any time in prison, his lawyers argued in a court filing.
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