Maintenance mishap led to failure of market opening auctions
Enforcement action targets weaknesses in AML controls, compliance
Investors were falsely promised pre-IPO access, but money misappropriated
Former clients overcharged, had assets misappropriated
Cases, penalties decline following leadership change, shift in focus
Fashion tech entrepreneur used false financials, audits to secure funding
Firms failed to disclose massive markups on pre-IPO securities
Rep allegedly exploited credit brokers provide to facilitate new client trading
SRO modernizes rules on industry gifts, codifies guidance, exemptions
Firm agrees to proxy voting changes, US$29.5 million payment, to end case