Source: http://finance.fortune.cnn.com/2011/01/25/merrill-pays-10-million-in-frontrunning-case/
Monday, January 31, 2011
Merrill pays $10 million in SEC case
Maybe Mother Merrill was a little too sweet for her own good. Merrill Lynch, the brokerage firm long known for looking out for its own,�on Tuesday paid $10 million to settle charges it fleeced customers to pad its own trading account. The brokerage firm consented to a Securities and Exchange Commission censure over the actions [...]
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