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ConvergEx Closes Bermuda Operation; Unit's CEO Leaves Firm

Traders Magazine Online News, March 12, 2012

Peter Chapman

ConvergEx Group has shuttered its Bermuda based program trading operation, the subject of an investigation by the Securities and Exchange Commission and the U.S. Department of Justice. Meanwhile, Anthony Blumberg, chief executive officer of the division, known as ConvergEx Global Markets, has left the firm.

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