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FINRA Slaps $900k Penalty on Credit Suisse's US Subsidiary

FINRA Slaps $900k Penalty on Credit Suisse's US Subsidiary
The Financial Industry Regulatory Authority (FINRA) has slammed a censure and fine of $900,000 on Credit Suisse for reporting more than 9,000 late trades and hundreds of thousands of inaccurate TRACE reports. The newest ruling covers the period from November 2015 to March 2023.FINRA Imposes Penalty on Credit SuisseAccording to the FINRA documents, the penalty was imposed on Credit Suisse Securities (USA), a subsidiary of the Swiss multinational investment bank and financial services company Cred... Read More
Posted: Jun 26 2023, 08:54
Author Name: financemagnates
Views: 112460

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