SEC, CFTC Order Firms to Pay $555M in Penalties for Recordkeeping Failures
The Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) announced combined penalties of $555 million in the latest enforcement sweep to hit the financial services industry for widespread recordkeeping failures. On Aug. 8, the SEC announced combined penalties of $289 million against 10 broker-dealers, including one dually Read More