The EU competition enforcer said in a statement: Today’s decision, correcting the procedural error and including a detailed reasoning on…
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Charles Schwab UK to pay £8.96 million fine for safeguarding and compliance failures
CS&C’s general pool held firm and client money for both UK and non-UK clients. The FCA determined that the CSUK…
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Robinhood to pay $65 million to settle charges with SEC for misleading customers
Stephanie Avakian, Director of the SEC’s Enforcement Division, commented: Robinhood provided misleading information to customers about the true costs of…
Read MoreFCA fines Barclays £26 million for poor treatment of customers in financial difficulty
The FCA stated that between April 2014 and December 2018 some retail and small business customers who had been offered…
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TFS-ICAP to pay $7 million fine for misleading clients
The CFTC also found that TFS-ICAP, its former CEO Ian Dibb and its former Emerging Markets desks head Jeremy Woolfenden…
Read MoreCBOT fines StoneX $20K for trade transfer violations
CBOT stated: The transfers were not made to reconcile an error, omission, or outtrade. CBOT also noted that StoneX has…
Read MoreCFTC orders Gain Capital to pay $300,000 for supervision violations
According to the regulator’s order, from 2014 to 2016, the company failed to supervise accounts by not following its policy…
Read MoreMarex to pay $370K to settle charges with the CFTC
The CFTC requires Marex and Marex Spectron to pay a fine in the amounts of $250,000 and $120,000, respectively. Both…
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Credit Suisse pays $75K infringement fine
According to ASIC regulation NXXT Trade is not a transaction permitted for an on-market buy-back. The MDP considered that Credit…
Read MoreCFTC fines Gain Capital UK nearly $500K for registration and supervision violations
The regulator alleged that Gain UK failed to supervise diligently its US forex customers and missed warning signs of the…
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