Edition:
United States

‍UK'S FCA fines Merrill Lynch 34.5 mln pounds for failing to report transactions​


Monday, 23 Oct 2017 05:12am EDT 

Oct 23 (Reuters) - UK'S FCA::FINES MERRILL LYNCH £34.5 MILLION FOR FAILING TO REPORT TRANSACTIONS.MERRILL LYNCH INTERNATIONAL AGREED TO SETTLE AT AN EARLY STAGE OF THE INVESTIGATION AND RECEIVED A 30% REDUCTION IN THEIR OVERALL FINE‍​‍​."THIS IS THE FIRST ENFORCEMENT ACTION AGAINST A FIRM FOR FAILING TO REPORT DETAILS OF TRADING IN EXCHANGE TRADED DERIVATIVES, UNDER EMIR"‍​​.