2008 Société Générale trading loss on January 28, 2008 with abuse of confidence and illegal access to computers. He was released from custody a short time after. The charges filed carry a maximum three-year prison term. On January 29, 2008 investigating judges Renaud van Ryumbecke and Francoise Desset had rejected prosecutor Jean-Claude Marin's bid to charge Kerviel with the more serious crime of "attempted fraud" and refuse bail. Société Générale characterizes Kerviel as a rogue trader and claims Kerviel worked these trades alone, and without its authorization. Kerviel, in turn, told investigators that such practices are widespread and that getting a profit makes the hierarchy
Modern Trader Modern Trader Modern Trader is a U.S.-based monthly print investment magazine. The publication was established in 1972 under the name "Commodities". The name was changed to "Futures" in September 1983 and "Modern Trader" in 2015. The magazine is a standard source in futures and option trading, and its SourceBook site is a standard reference to US brokerage and related services. The Commodity channel index was first published in "Commodities", before it was renamed to "Futures". The magazine was founded in 1972 as "Commodities", published by Leon Rose and Mort Baratz. It was bought in 1976 by Daniel Oster for Merrill.