FINRA ផាកពិន័យ E*TRADE $350K ចំពោះការបរាជ័យក្នុងការតាមដាន

វេទិកាពាណិជ្ជកម្មអេឡិចត្រូនិក E*TRADE ដែលជាក្រុមហ៊ុនបុត្រសម្ព័ន្ធរបស់ Morgan Stanley ត្រូវបានពិន័យជាប្រាក់ចំនួន 350,000 ដុល្លារ រួមជាមួយនឹងបទបញ្ជាប្រមាថដោយអាជ្ញាធរនិយតកម្មឧស្សាហកម្មហិរញ្ញវត្ថុ (FINRA) ចំពោះការបរាជ័យក្នុងការបង្កើត និងថែទាំប្រព័ន្ធត្រួតពិនិត្យ។

Announced on Tuesday, the self-regulatory agency alleged multiple violations on the part of the American
 
 វេទិកាពាណិជ្ជកម្ម 
. First, it failed to detect manipulative trading due to the lapses in the supervisory systems.

Though the platform used multiple surveillance reports between December 2016 and November 2021 to identify the potential wash trades and prearranged trades, the used parameters were heavily restricted to detect such fraudulent activities.

E*TRADE was also balmed for modifying the parameters in its surveillance reports that restricted the detection of potential marking-the-close activity, especially in lower-priced securities. Further, the agency also questioned the shortcomings of the design of the surveillance system that could not efficiently identify the artificially increased or decreased price of thinly traded stocks.

“E*TRADE failed to establish and maintain a supervisory system that was reasonably designed to achieve
 
 ការអនុលោមតាមច្បាប់ 
with applicable federal securities laws and regulations and FINRA rules relating to potentially manipulative trading,” the announcement stated.

Order Accepted

The trading platform has already agreed to the order of FINRA, including the monetary penalty. This will restrict the agency from bringing further charges on the trading platform based on the mentioned allegations.

Out of the total fine, $144,500 is payable to FINRA, the official notice detailed.

“[The Letter of Acceptance, Waiver, and Consent (AWC)] is submitted on the condition that, if accepted, FINRA will not bring any future actions against Respondent alleging violations based on the same factual findings described in this AWC,” the notice added.

“Respondent agrees to pay the monetary sanction upon notice that this AWC has been accepted and that such payment is due and payable.”

វេទិកាពាណិជ្ជកម្មអេឡិចត្រូនិក E*TRADE ដែលជាក្រុមហ៊ុនបុត្រសម្ព័ន្ធរបស់ Morgan Stanley ត្រូវបានពិន័យជាប្រាក់ចំនួន 350,000 ដុល្លារ រួមជាមួយនឹងបទបញ្ជាប្រមាថដោយអាជ្ញាធរនិយតកម្មឧស្សាហកម្មហិរញ្ញវត្ថុ (FINRA) ចំពោះការបរាជ័យក្នុងការបង្កើត និងថែទាំប្រព័ន្ធត្រួតពិនិត្យ។

Announced on Tuesday, the self-regulatory agency alleged multiple violations on the part of the American
 
 វេទិកាពាណិជ្ជកម្ម 
. First, it failed to detect manipulative trading due to the lapses in the supervisory systems.

Though the platform used multiple surveillance reports between December 2016 and November 2021 to identify the potential wash trades and prearranged trades, the used parameters were heavily restricted to detect such fraudulent activities.

E*TRADE was also balmed for modifying the parameters in its surveillance reports that restricted the detection of potential marking-the-close activity, especially in lower-priced securities. Further, the agency also questioned the shortcomings of the design of the surveillance system that could not efficiently identify the artificially increased or decreased price of thinly traded stocks.

“E*TRADE failed to establish and maintain a supervisory system that was reasonably designed to achieve
 
 ការអនុលោមតាមច្បាប់ 
with applicable federal securities laws and regulations and FINRA rules relating to potentially manipulative trading,” the announcement stated.

Order Accepted

The trading platform has already agreed to the order of FINRA, including the monetary penalty. This will restrict the agency from bringing further charges on the trading platform based on the mentioned allegations.

Out of the total fine, $144,500 is payable to FINRA, the official notice detailed.

“[The Letter of Acceptance, Waiver, and Consent (AWC)] is submitted on the condition that, if accepted, FINRA will not bring any future actions against Respondent alleging violations based on the same factual findings described in this AWC,” the notice added.

“Respondent agrees to pay the monetary sanction upon notice that this AWC has been accepted and that such payment is due and payable.”

Source: https://www.financemagnates.com/forex/brokers/finra-fines-etrade-350k-for-surveillance-failures/