Wylys' stockbroker settles SEC fraud, insider trading case
January 08, 2014 at 17:19 PM EST
NEW YORK, Jan 8 (Reuters) - A stockbroker for the wealthy Texas investors Samuel and Charles Wyly agreed to pay $498,693 to settle regulatory charges that he assisted in the brothers' alleged $550 million fraud and conducted insider trading, settlement papers made public on Wednesday show.