$35 Million Fine

State Street Bank and Trust and State Street Global Markets will pay <a href="http://www.courthousenews.com/wp-content/uploads/2017/09/State-Street.pdf"><strong>$35 million</strong></a> to settle <strong><a href="http://www.courthousenews.com/wp-content/uploads/2017/09/State-Street-2.pdf">charges</a></strong> that they fraudulently charged secret markups for transition management services and omitted material information about its platform for trading U.S. Treasury securities, the SEC said Thursday.

WASHINGTON — State Street Bank and Trust and State Street Global Markets will pay $35 million to settle charges that they fraudulently charged secret markups for transition management services and omitted material information about its platform for trading U.S. Treasury securities, the SEC said Thursday.

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