CFTC issued a penalty against Merrill Lynch
United States
- 09/22/2017
- Fine
- 2,500,000.00
- CFTC
Detail
The Order requires Merrill Lynch to pay a $2.5 million civil monetary penalty and comply with undertakings to improve its procedures and controls to ensure that it prepares and maintains accurate and complete records of futures block trades executed by its affiliates.
Source Link
http://www.cftc.gov/PressRoom/PressReleases/pr7615-17#PrRoWMBL