Hirsch accepted the kickbacks while working on the wealth syndicate desks of two undisclosed broker dealers and, in one instance, a client generated approximately $4 million in trading profits.
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Stock Broker Charged with IPO Kickback Scam
Brian Hirsch has received more than $1 million in kickbacks in exchange for providing clients with preferential access to lucrative initial public offerings, according to allegations by the Securities and Exchange Commission. So reports LeapRate.
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