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Technical glitch halts trading at Canada’s TMX amid market selloff
(Reuters) – Canada’s largest stock exchange operator, TMX Group Ltd <X.TO>, experienced its second technical glitch in less than two years on Thursday, resulting in the shutdown of trading across three local bourses nearly two hours ahead of the scheduled closing. Trading was halted on the TSX as well as the TSX Alpha and TSX-Venture […]
Cantor Fitzgerald to pay $3.2 million to settle charges on deficient ‘blue sheet data’: U.S. SEC
By Katanga Johnson WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Monday that Cantor Fitzgerald agreed to pay $3.2 million to settle charges it provided inaccurate and incomplete “blue sheet data” on securities trading. The firm admitted to the findings in paying the fine and taking remedial actions, the SEC said. The […]
Congress eyes next steps after 2nd and 3rd largest bank collapses in U.S. history
Illustration: Aïda Amer/Axios The second and third largest bank collapses in U.S. history — coming in rapid succession — are prompting a reckoning within Congress about the state of the U.S. financial system. Why it matters: The vast majority of members of Congress came into office after the 2008 financial crisis. For them, this is relatively uncharted […]