A broker-dealer settled FINRA charges for attempting to influence the market for securities offered by the firm’s corporate affiliates and investment banking clients.
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A broker-dealer settled FINRA charges for failing to conduct reasonable due diligence in connection with a private-placement offering and for failing to maintain the minimum net capital required to operate as a securities business.
OFAC sanctioned eight Chinese technology firms for supporting the tracking and surveillance of minority groups in China, including members of the predominantly Muslim Uyghur and Kazakh communities. OFAC placed these companies on the Non-Specially Designated Nationals Chinese Military-Industrial Complex List.
A broker-dealer settled FINRA charges for failing to (i) exercise reasonable diligence to ensure the best market for the execution of customer orders and (ii) conduct transactions in such a market to ascertain that resultant prices were "as favorable as possible under prevailing market conditions."
A broker-dealer settled FINRA charges for violating certain rules on short sales practices and related supervisory failures.