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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Suspicious Transactions

The SEC fined New York brokerage firm Aegis Capital Corp. $750,000 on Wednesday for failing to file Suspicious Activity Reports on numerous transactions indicating market manipulation. The CEO of Aegis and another officer were fined $40,000 and $20,000, respectively, and FINRA fined Aegis another $550,000.

WASHINGTON — The SEC fined New York brokerage firm Aegis Capital Corp. $750,000 on Wednesday for failing to file Suspicious Activity Reports on numerous transactions indicating market manipulation. The CEO of Aegis and another officer were fined $40,000 and $20,000, respectively, and FINRA fined Aegis another $550,000.

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