Article: FINRA and major Exchanges impose $6.5m fine on Credit Suisse Securities over supervisory violations

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FINRA and major Exchanges impose $6.5m fine on Credit Suisse Securities over supervisory violations

Maria Nikolova

FinanceFeeds, 23 December 2019

FINRA and the Exchanges found that for a period of four years, Credit Suisse did not establish a supervisory system reasonably designed to monitor for potential spoofing, layering, wash sales and pre-arranged trading by its DMA clients.

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