Quote Originally Posted by SmartestGuyInTheRoom View Post
Bump.

With 1% default rates, Covid shouldn't have killed them, but Par was insolvent in April.
http://www.documentcloud.org/documen...stors-Mca.html

Not looking good.
https://www.inquirer.com/news/par-fu...-20200811.html
What's crazy is that broker-dealer was fined $500k by the SEC for something completely unrelated two months later.

https://insurancenewsnet.com/oarticl...0#.XzSQQBNKjs0

https://www.sec.gov/enforce/33-10802-s