Advertisement
New Zealand markets open in 7 hours 40 minutes
  • NZX 50

    12,423.82
    -33.59 (-0.27%)
     
  • NZD/USD

    0.6363
    +0.0020 (+0.32%)
     
  • ALL ORDS

    8,538.40
    +61.60 (+0.73%)
     
  • OIL

    67.92
    -0.26 (-0.38%)
     
  • GOLD

    2,660.30
    -7.80 (-0.29%)
     

SEC Hits 11 Firms With $88 Million in Penalties for Off-Channel Communications

SEC Hits 11 Firms With $88 Million in Penalties for Off-Channel Communications

Stifel, Nicolaus & Co. and Invesco each agreed to pay $35 million to settle charges that they failed to record employee communications on unapproved channels.