The clearing agency for all U.S. government securities will pay an $8 million fine levied by the Securities and Exchange Commission (SEC) for failing to adequately monitor its liquidity arrangements or measure the potential failure risk by a large participant in its transactions.

Learn More
Already a member? Sign in to an existing account.

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:...