September 07, 2017 BY LeapRate Staff

State Street pays $35 million to settle charges of secret markups on its trading platform

The U.S. Securities and Exchange Commission today announced that State Street Corp (NYSE:STT) has agreed to pay more than $35 million to settle charges that it fraudulently charged secret markups for transition management services and separately omitted material information about the operation of its platform for trading U.S. Treasury securities. An SEC order finds that…

Read more