Financial services firm Cantor Fitzgerald will pay a $6.75 million fine to the Securities and Exchange Commission (SEC) for making misleading statements regarding two special purpose acquisition companies (SPACs) that it controlled.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...