KM Financial Solutions | Two brokerages are fined $25 million in U.S. over foreign exchange options
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Two brokerages are fined $25 million in U.S. over foreign exchange options

Two brokerages are fined $25 million in U.S. over foreign exchange options

Two brokerage firms will pay a
combined $25 million in penalties to settle charges they
employed fraudulent practices to solicit and accept orders from
traders to buy and sell foreign exchange options, two regulators
in the United States said on Wednesday.

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