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Tag: “masking” strategy

Activity, Regulations, Trading

Bank of America in $42 million settlement over ‘masking’ electronic trading activities with customers

March 23, 2018

Via: CNBC

Bank of America’s Merrill Lynch routinely misled customers by telling them billions of stock trades had been managed in-house when they were actually turned over to outside firms, part of a five-year scheme that New York’s attorney general says made […]