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ILL-GOTTEN PROFITS @ NYSE?

The individuals named in the criminal and civil actions are former or current employees of Spear Leeds, a unit of Goldman Sachs Group Inc. (NYSE:GS - news); Van der Moolen Specialists, part of Netherlands-based Van der Moolen Holding (VDMN.AS) ; Fleet Specialist, a unit of Bank of America Corp. (NYSE:BAC - news); Bear Wagner Specialists, a unit of Bear Stearns Cos. Inc. (NYSE:BSC - news); and LaBranche & Co. (NYSE:LAB - news).
The SEC also took enforcement action against 20 former NYSE specialists accused of fraudulent trading, including two former chief executives of Spear Leeds & Kellogg Specialists and four former members of Van der Moolen Specialists management committee. Federal prosecutors charged 15 former and current
New York Stock Exchange traders with securities fraud, accusing them of costing investors $19 million by putting their firms' interests ahead of the interest of investors

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