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Bernie Weinstein, formerly president of Thomson Financial's Sales and Trading Group and founder of ILX Systems, has joined Cantor Fitzgerald as senior managing director. Weinstein left Thomson in June for reasons that were debated. The company said he was retiring and other sources suggested that there was friction between Weinstein and top management.
In August, Weinstein began consulting with Cantor after being offered the job by Chairman and Chief Executive Officer Howard Lutnick, a friend and former client. Recently, he was offered a permanent role that...