Article: Citadel Securities Pays $97m to Settle with China Regulators

Article - Media

Citadel Securities Pays $97m to Settle with China Regulators

Aziz Abdel-Qader

FinanceMagnates, 20 January 2020

Citadel Securities, one of the largest market makers in US stocks and options, has agreed to pay 670 million yuan ($97 million) to resolve a probe by China’s regulator into alleged trading rules violations. The Chinese securities regulator launched the five-year investigation in 2015 following a stock plunge that erased nearly $3.9 billion in the mainland metal market.

Read full article.

 

Comment: In the USA they are angels. How much did they steal?