The regulator also alleges that the lack of certain compliance controls resulted in Barclays committing various violations of federal laws that regulate investment advisors.
Estimated reading time: 0 minutes, 19 seconds
Barclays Slapped with $15M Fine Stemming from Lehman Acquisition
Barclays Capital will pay $15 million over Securities and Exchange Commission charges that it failed to implement appropriate compliance controls after it acquired a portion of Lehman Brothers during the 2008 financial crisis. So reports Reuters.
Most Read
-
-
Feb 21 2011
-
Written by Administrator
Add us to your Safe Sender list: We want to…
-
-
-
Nov 07 2012
-
Written by Administrator
Progressive Media Group Subscription Agreement This agreement states the general…
-
-
-
Mar 09 2013
-
Written by Staff Writer
While market bulls are understandably cheering the ongoing equity rally…
-
-
-
Nov 07 2012
-
Written by Administrator
Welcome We’re glad you chose to visit a Progressive Media…
-