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SEC fines Bloomberg $5 million for misleading disclosure on fixed income securities

SEC fines Bloomberg $5 million for misleading disclosure on fixed income securities
Osman Nawaz, Chief of the Division of Enforcement’s Complex Financial Instruments Unit, said: Bloomberg has assumed a critical role as a pricing service to participants in the fixed-income markets and it is incumbent on Bloomberg, as well as on other pricing services, to provide accurate information to their customers about their valuation processes. This matter […] The post SEC fines Bloomberg $5 million for misleading disclosure on fixed income securities appeared first on LeapRate... Read More
Posted: Jan 24 2023, 08:10
Author Name: leaprate
Views: 102143

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