China fines brokerage $85M for stock market chaos

Associated Press
China fines brokerage $85M for stock market chaos

FILE - In this Aug. 19, 2013 file photo, a man walks past the sign of Everbright Securities Ltd. in Shanghai. Everbright, one of China's biggest securities firms, has been fined $85 million and four executives banned from the industry after computerized trading mistakes caused wild swings in Chinese stock prices. (AP Photo/Eugene Hoshiko, File)

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