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FINRA Slams $165k Fine on Instinet for Data Inaccuracy, Poor Supervision
The Financial Industry Regulatory Authority (FINRA) has hit institutional agency-model broker, Instinet Incorporated, with a censure and fine of $165,000 for publishing 54 inaccurate monthly reports on its order executions and also for having a poor supervisory system.
The details of the sanction are contained in a Letter of Acceptance, Waiver and Consent (AWC) Read More
Posted: Dec 12 2022, 20:09
Author Name: financemagnates
Views: 102055