November 22, 2017 BY Valentina Kirilova

FCA fines a former Bank of America Merrill Lynch bond trader £60,000 for market abuse

The Financial Conduct Authority (FCA) informed that it has imposed on Paul Walter, a former Bank of America Merrill Lynch International Limited (BAML) bond trader, a financial penalty of £60,090 for engaging in market abuse. Following an investigation, the FCA found that Mr Walter, an experienced trader, engaged in market abuse by creating a false…

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