UBS Securities to Pay $3.75M for Violations of FINRA Reporting Rules
The Financial Regulatory Authority (FINRA) fined UBS Securities, the investment banking division of financial institution UBS, $3.75 million for numerous reporting and compliance failures in violation of FINRA reporting rules. FINRA requires member firms to report over-the-counter (OTC) options to the Large Options Positions Reporting (LOPR) system, information that FINRA Read More