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CREDIT SUISSE SECURITIES FINED $9 MILLION FOR INVESTMENT OPERATIONAL FAILURES

Credit Suisse Securities has been fined $9 million by the Financial Industry Regulatory Authority (“FINRA”) for failing to maintain possession or control of billions of dollars of fully paid and excess margin securities it carried for customers and for failures to accurately calculate its required customer reserve- that is the amount of cash or securities [...]



This post first appeared on 1 Global Capital SEC | The Frankowski Firm, please read the originial post: here

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CREDIT SUISSE SECURITIES FINED $9 MILLION FOR INVESTMENT OPERATIONAL FAILURES

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