U.S. SEC Penalizes HSBC Securities and Scotia Capital for Breaching Recordkeeping Rules
HSBC Securities (HSI) and Scotia Capital, the investment subsidiary of Scotiabank, have been fined by the United States Securities and Exchange Commission (SEC) for violating recordkeeping rules. According to the SEC, the managing directors and senior supervisors responsible for overseeing junior employees did not adhere to company policies and communicated ...
