Record fine for broker with history of non-compliance

One of Australia’s largest retail brokers has been slapped with a record fine and a former head of trading banned after the corporate watchdog found it contravened numerous market integrity rules. Openmarkets, which clears more than $50 billion in trades annually, agreed to pay $4.5 million to the Australian Securities and Investments Commission and appoint an […]

This post was originally published on Michael West.