When a disgraced trader, who went to prison for his sins, talks, one should probably listen, particularly if one is in the compliance profession. The Man From FCPA was therefore very interested in a recent Op-Ed piece in the Financial Times by Kweku Adoboli, the UBS trader who took massive trading positions that led the firm to sustain a $2.3 billion dollar loss. As he noted, “for which I took responsibility in September 2011—and to my eventual imprisonment.”
