Search Results for: Merrill Lynch Securities
SFC reprimands and fines Merrill Lynch Far East Limited $2 million for regulatory breaches
April 2nd, 2015
The Securities and Futures Commission (SFC) has reprimanded and fined Merrill Lynch Far East Limited (Merrill Lynch Far East) $2 million for regulatory breaches and internal control failings relating to position limit failures (Note 1). The decision follows an SFC ...
Merrill Lynch Equities (Australia) Limited pays $96,000 infringement notice penalty
September 11th, 2014
The Australian Securities and Investments Commission has ruled a fine against Merrill Lynch Equities (Australia) Limited (Merrill Lynch). The company has paid a total penalty of $96,000 to comply with an infringement notice given to it by the Markets ...
Merrill Lynch Equities (Australia) Limited pays $65,000 infringement notice penalty
June 10th, 2014
The Australian Securities and Investments Commission (ASIC) has imposed the penalty of $65,000 to Merrill Lynch Equities (Australia) Limited (Merrill Lynch) in order to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The penalty was for ...
Bank of America to obtain clearing membership with MOEX FX Market. The first non-resident global bank
December 28th, 2015
Bank of America, National Association (BANA) is set to join Moscow Exchange’s FX Market as a clearing firm. The Bank is in the process of finalizing necessary documentation and will begin active trading in January 2016. It will trade via Merrill Lynch ...
The dollar hovered near a four-month high
May 8th, 2018
The dollar hovered near a four-month high on Tuesday, continuing to draw support from higher Treasury yields and upbeat prospects for the U.S. economy, leaving its major rivals such as the euro struggling and others including the Argentine peso ...
Bitcoin market cap tops $128 billion for the first time in its history
October 23rd, 2017
Institutional investors are avoiding Bitcoin, saying it is the most crowded trade in global markets. On Monday, the crypto-currency experienced a surge in trading volume that boosted it to $7710 a coin ($US6026) and surpassed a market capitalisation of ...
PwC to pay $1 Million to settle audit violations
August 3rd, 2017
The Public Company Accounting Oversight Board announced that it censured and imposed a $1 million civil penalty against PricewaterhouseCoopers LLP for violations in its examination and audit of Merrill Lynch, Pierce, Fenner & Smith, Incorporated’s compliance with the Securities ...
DTCC names four new members to Board of Directors
April 25th, 2017
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that four new members have been elected to its Board of Directors. The new directors are Michael Herskovitz, Director ...
Citibank N.A. settles for being part of forex trading cartel
February 21st, 2017
Today, the Competition Commission has filed with the Competition Tribunal a settlement agreement reached with Citibank N.A. for being part of the forex trading cartel. The Commission found that from at least 2007, Citibank N.A. and its competitors had ...
CBOE Holdings Announces Pricing of Senior Notes Offering
January 10th, 2017
CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it priced an underwritten public offering of $650 million of its 3.650% Senior Notes due 2027. The offering is expected to close on January 12, 2017, subject to customary closing conditions. ...
