Skip to content

Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.

Click Now!


SEC continues pursuit of ADR violations

The SEC has announced that broker Cantor Fitzgerald & Co. will pay more than $647,000, and broker BMO Capital Markets Corporation will pay over $3.9 million to settle charges of improper handling of "pre-released" American Depositary Receipts (ADRs). "The SEC continues to hold accountable parties that abused the ADR markets over an extended period of time," said Sanjay Wadhwa, Senior Associate Director for Enforcement in the SEC's New York Regional Office. "U.S. investors who invest in foreign companies through ADRs have a right to expect that market professionals aren't gaming the system."

Filed under: 

Training View All

Penalties View All

Search Top Stories