Stock Market News
SEC fines Cantor Fitzgerald over repeated failure to identify large traders
2023.07.14 09:22
© Reuters. FILE PHOTO: People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo
(Reuters) – The U.S. Securities and Exchange Commission has fined Cantor Fitzgerald $1.4 million over the company’s repeated failure to identify and report customers as large traders.
Cantor Fitzgerald did not admit or deny wrongdoing in agreeing to the civil fine, which the SEC announced on Friday.
