UPDATE 2-U.S. prosecutors dealt dual setbacks in mortgage bond fraud crackdown
May 03, 2018 at 13:55 PM EDT
May 3 (Reuters) - U.S. prosecutors cracking down on deceptive mortgage bond trading practices on Thursday suffered dual losses as a federal appeals court overturned an ex-Jefferies Group trader's conviction and a jury acquitted a former Cantor Fitzgerald employee.