Bear Stearns had fired three clearing executives for aiding Canary Capital Partners’ illegal trades, and the senior managing director of the unit has taken voluntary leave, The Wall Street Journal reports.

Facing potential civil and criminal charges, Bear Stearns’ role in the fund scandal could be deeper than originally thought, according to The Journal. But what is certain is that scrutiny of back-office clearing and settlement units for their role in the fund scandal is going to intensify.

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