Article: Interactive Brokers Unit Faces Fine for Naked Short Selling

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Interactive Brokers Unit Faces Fine for Naked Short Selling

Nasdaq.com, 21 August 2018

A unit of Interactive Brokers Group , Interactive Brokers LLC, has been charged with violations of Regulation SHO and lack of proper supervisory measures. The Financial Industry Regulatory Authority (“FINRA”) has imposed a penalty of $5.5 million on the company.

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