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KM Financial Solutions | UPDATE 1-Regulators fine New York’s BGC Partners $25 million for forex options fraud
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UPDATE 1-Regulators fine New York’s BGC Partners $25 million for forex options fraud

01 Oct UPDATE 1-Regulators fine New York’s BGC Partners $25 million for forex options fraud

Posted at 17:36h in News by
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U.S. and New York regulators on
Wednesday fined two units of BGC Partners Inc $25
million to settle charges their brokers concocted fake trades to
fraudulently induce clients to transact in foreign exchange
options at unfair prices.

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