SEC fines Cantor Fitzgerald over repeated failure to identify large traders

2023-07-14 21:24

The U.S. Securities and Exchange Commission has fined Cantor Fitzgerald $1.4 million over the company's repeated failure to

The U.S. Securities and Exchange Commission has fined Cantor Fitzgerald $1.4 million over the company's repeated failure to identify and report customers as large traders.

Cantor Fitzgerald did not admit or deny wrongdoing in agreeing to the civil fine, which the SEC announced on Friday.

(Reporting by Jonathan Stempel in New York)