U.S. Markets closed
  • S&P Futures

    3,843.00
    +8.75 (+0.23%)
     
  • Dow Futures

    30,975.00
    +66.00 (+0.21%)
     
  • Nasdaq Futures

    13,398.75
    +37.25 (+0.28%)
     
  • Russell 2000 Futures

    2,168.10
    +4.10 (+0.19%)
     
  • Crude Oil

    52.33
    +0.06 (+0.11%)
     
  • Gold

    1,857.50
    +1.30 (+0.07%)
     
  • Silver

    25.66
    +0.10 (+0.41%)
     
  • EUR/USD

    1.2171
    -0.0001 (-0.0122%)
     
  • 10-Yr Bond

    1.0910
    -0.0180 (-1.62%)
     
  • Vix

    21.91
    +0.59 (+2.77%)
     
  • GBP/USD

    1.3689
    -0.0042 (-0.3039%)
     
  • USD/JPY

    103.7780
    +0.2730 (+0.2638%)
     
  • BTC-USD

    32,145.38
    +351.05 (+1.10%)
     
  • CMC Crypto 200

    651.44
    +41.45 (+6.79%)
     
  • FTSE 100

    6,695.07
    -20.35 (-0.30%)
     
  • Nikkei 225

    28,631.45
    -125.45 (-0.44%)
     

Interactive Brokers to pay $38 mln in series of regulatory settlements -SEC

·1 min read

WASHINGTON, Aug 10 (Reuters) - Interactive Brokers LLC will pay $38 million to U.S. regulators to resolve charges the firm repeatedly failed to file key reports and to settle charges related to anti-money laundering failures, the U.S. Securities and Exchange Commission (SEC) said in a statement on Monday.

The firm will pay a $11.5 million for charges it repeatedly failed to file suspicious activity reports for U.S. microcap securities trades executed for customers, the SEC said in a statement.

In parallel actions, the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC) said they had agreements with Interactive Brokers related to anti-money laundering failures in which the broker-dealer agreed to pay penalties of $15 million and $11.5 million, respectively, the statement said. (Reporting by Jonathan Stempel in New York and Chris Prentice in Washington)