- S&P pay $58 million to SEC and $19 million to the states of New York and Massachusetts.
SEC Fines Standard & Poor’s
Steffen has over 12 years’ experience in structured credit and complex derivatives across all major asset classes. Prior to founding Fideres, he held a senior position at The Royal Bank of Scotland. Before joining RBS he worked for 5 years at Deutsche Bank. Steffen holds a master-level degree in Mathematics from the University of Erlangen and an MSc in Financial Engineering and Quantitative Analysis from the ICMA Centre at the University of Reading.