The reward is the largest ever awarded by the SEC and easily surpasses the previous record of $39 million set back in 2018.
Blogs
Wall Street Regulator Tags Bank of America with $7.2 Million Fine
The investment bank agreed to pay the fine to resolve allegations that it excessively charged over 13,000 mutual fund clients
Refinitiv Launches New Version of Matching for Ukrainian FX Traders
The upgraded version includes the integration of new features that meet emerging client and market demand
Credit Suisse and KLARA Expand Partnership for SMEs
The firms are connected via the SIX platform "b.Link" and can now offer SMEs additional payment transaction applications
Nasdaq Invests in RegTech Firm Caspian
The two will also partner for R&D in financial crime detection.
Capitalab Connects to LCH SwapAgent
The BGC division announces service for non-cleared derivatives market
Japan’s Crypto Exchange, Banks to Study Digital Currency Settlement
The study group will meet once or twice a month for three months.
Ex-Coinbase VP Antonio Alvarez Joins Crypto.com to Head Compliance
He has headed compliance in both crypto and mainstream finance companies.
Nuvei Hires Motie Bring as Chief Commercial Officer
He will oversee the commercial strategy and development of the payment provider’s unified acquiring business