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ASIC Fines Interactive Brokers for Allowing Suspicious Trading

The Australian financial markets regulator has slapped the local unit of Interactive Brokers with a monetary penalty of AU$832,500 (about US$538,000) for being 'negligent' in its failure to identify suspicious trading conducted by one of its clients.Interactive Brokers Fined in AustraliaAnnounced today (Wednesday), Interactive Brokers Australia Pty Ltd paid the fine to comply with an infringement notice from the Market Disciplinary Panel (MDP) of the Australian Securities & Investments Commissio... Read More

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Asic

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Interactive

Brokers

Allowing

Suspicious

Trading

Forex

Posted: Sep 20 2023, 07:04

Author Name: financemagnates

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