|
Market Closed -
Other stock markets
|
After market 04:29:28 pm | |||
| 38.37 USD | +1.70% |
|
38.38 | +0.03% |
| 09:56pm | Sector Update: Financial Stocks Advance Late Afternoon | MT |
| 07:57pm | CFTC Asks Big Banks for Nondisclosure Agreements in Swaps, Clearing Amid Whistleblower Concerns | MT |
WASHINGTON (Reuters) - Merrill Lynch has agreed to settle U.S. charges over allegations that it did not properly prevent unregistered sales of a software company's shares on behalf of a China-based issuer, the Securities and Exchange Commission said on Thursday.
Merrill Lynch, part of Bank of America, did not admit or deny the SEC's findings as part of the settlement but agreed to pay a $1.25 million penalty and more than $154,000 in disgorgement and prejudgment interest earned on the improper sales, the regulator agency said in a statement.
(Reporting by Susan Heavey; Editing by Chizu Nomiyama)
| 1st Jan change | Capi. | |
|---|---|---|
| +13.96% | 297B | |
| +12.92% | 544B | |
| +7.85% | 249B | |
| +23.81% | 214B | |
| +15.44% | 172B | |
| +5.59% | 160B | |
| +5.07% | 153B | |
| +1.80% | 140B | |
| -11.80% | 138B | |
| +2.49% | 122B |
BANK OF AMERICA CORPORATION 
