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June 23, 2016 BY LeapRate Staff

Bad day for Merrill Lynch - assessed $430 million in fines for misusing customer cash and misleading investors

Investment giant Merrill Lynch, a unit Bank of America Corp (NYSE:BAC), has been assessed a total of $430 million in fines by the U.S. Securities and Exchange Commission and The Financial Industry Regulatory Authority (FINRA). The fines relate to a misuse of client funds by Merrill Lynch, as well as misleading investors in the sale of structured…

December 16, 2014 BY Andrew Saks-McLeod

Merrill Lynch issued $1.9 million fine plus restitution by FINRA over pricing violations

Merrill Lynch, Pierce, Fenner & Smith Incorporated $1.9 million for fair pricing and supervisory violations in connection with more than 700 retail customer transactions in distressed securities over a two-year time period, as well as ordering restitution of $540,000

November 03, 2014 BY Andrew Saks-McLeod

Former Merrill Lynch trader suspected of serial murder in Hong Kong

British citizen Rurik Jutting left his position as a trader at Merrill Lynch, left a chilling automated email response message before Police found two women mutilated and murdered at his apartment

October 27, 2014 BY Gerald Segal

Merrill Lynch fined $6 million by FINRA for short selling violations

Bank of America (NYSE:BAC) unit Merrill Lynch has been fined by US financial regulator FINRA a total of $6 million for violations relating to short selling. The FINRA press release follows, and can also be seen here. FINRA Fines Merrill Lynch a Total of $6 Million for Reg SHO Violations and Supervisory Failures WASHINGTON —…

August 27, 2014 BY Andrew Saks-McLeod

Merrill Lynch falls foul of CFTC order for supervision irregularities resulting in $1.2 million fine

US banking giant paid $318 million in exchange and clearing fees to the CME and Chicago Board of Trade, but had unexplained over-accruals of approximately $451,318 from 196 clients

August 13, 2013 BY Gerald Segal

CFH Clearing switches FX Prime Brokers

BofA Merrill Lynch replaces UBS as CFH's primary forex prime broker. Institutional FX brokerage CFH Clearing announced today that it has selected Bank of America Merrill Lynch as its new FX prime broker and its primary prime broker, as of August 1. London-based CFH will continue to work with UBS as a prime broker, predominantly for Precious…

March 26, 2012 BY Gerald Segal

FXall IPO underwriters initiate research coverage

FXall's underwriter's predictably have near-identical price targets.

March 25, 2012 BY Gerald Segal

FXall IPO underwriters initiate research coverage

FXall's underwriter's predictably have near-identical price targets.

Tag: Merrill Lynch

Bad day for Merrill Lynch - assessed $430 million in fines for misusing customer cash and misleading investors

Merrill Lynch issued $1.9 million fine plus restitution by FINRA over pricing violations

Former Merrill Lynch trader suspected of serial murder in Hong Kong

Merrill Lynch fined $6 million by FINRA for short selling violations

Merrill Lynch falls foul of CFTC order for supervision irregularities resulting in $1.2 million fine

CFH Clearing switches FX Prime Brokers

FXall IPO underwriters initiate research coverage

FXall IPO underwriters initiate research coverage

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