ICAP To Pay USD2.8 Million For Supervisory Failures

Provider: BNY Mellon
Client: China Construction Bank
Asset Value: Undisclosed

Financial Industry Regulatory Authority (FINRA) has fined ICAP Corporates LLC, of Jersey City, USD2.8 million and sanctioned a former broker for numerous improper communications with other interdealer brokerage firms about customers' proposed brokera ...

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