BMO Capital markets settles with SEC over bond desk supervision

Show Business and Finance Publications

Tue, January 14, 2025

[ Tue, Jan 14th ]: Firstpost

Will Union Budget 2025 deliver on financial sector reforms?

[ Tue, Jan 14th ]: Forbes

How To Prepare Financial Statements For A Future Public Company

[ Tue, Jan 14th ]: Forbes

Partnerships: How To Drive Business Success Without Draining Resources

[ Tue, Jan 14th ]: Tuko

Kenya Railways Announces Several Career Opportunities with January Deadline

[ Tue, Jan 14th ]: Forbes

Conversational AI Trends For 2025 And Beyond

[ Tue, Jan 14th ]: Kiplinger

Irrevocable Trusts: So Many Options to Lower Taxes and Protect Assets

[ Tue, Jan 14th ]: Reuters

What does Indian industry want from February's budget?

[ Tue, Jan 14th ]: ThePrint

Small Finance Banks' growth to moderate to 18-20 pc in FY2025: Report

[ Tue, Jan 14th ]: Reuters

India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say

[ Tue, Jan 14th ]: MSN

Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 14, 2025: Maintain generosity!

[ Tue, Jan 14th ]: MSN

It's Official! Tax Season Starts Jan 27, 2025 -- What You Need To Do and Know

[ Tue, Jan 14th ]: MSN

US economy to lose nearly 6 million American jobs .. GDP if Congress lets Trump tax cuts expire: study

Mon, January 13, 2025

[ Mon, Jan 13th ]: WDRB

Yum! Brands promotes Taco Bell president to lead KFC Division

[ Mon, Jan 13th ]: Emirates247

UAE and Uzbekistan explore ways to enhance econom .. ew economy, FinTech, tourism and entrepreneurship

[ Mon, Jan 13th ]: SiliconANGLE

Moonpay acquires Helio to enhance cryptocurrency commerce and trading infrastructure

[ Mon, Jan 13th ]: Investopedia

Salary vs. Hourly Pay: What's the Difference?

[ Mon, Jan 13th ]: BBC

Chancellor will remain for all of Parliament, Downing Street says

[ Mon, Jan 13th ]: CNET

Rocket Money Review 2025

[ Mon, Jan 13th ]: AOL

Female founders jump into action to provide relief for Los Angeles wildfire victims

[ Mon, Jan 13th ]: CFO

A CFO action plan for 2025

[ Mon, Jan 13th ]: CNET

IRS 1099-K Update: Venmo, PayPal and Cash App Users Should Know About This New Tax Rule

[ Mon, Jan 13th ]: Forbes

Newlab To Launch A Saudi Hub. First Focus: Mining Startups

[ Mon, Jan 13th ]: sinchew

HKICPA participates in the Asian Financial Forum .. lores new growth engines in global sustainability

[ Mon, Jan 13th ]: Forbes

The Right Time To Start Planning Your Business Sale

[ Mon, Jan 13th ]: CIO

10 top priorities for CIOs in 2025

[ Mon, Jan 13th ]: Reuters

Commerzbank chairman sees little chance of amicable UniCredit merger, report says

[ Mon, Jan 13th ]: MSN

Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 13, 2025: Team spirit will improve!

[ Mon, Jan 13th ]: MSN

China, UK restart economic and financial talks after 6-year hiatus

[ Mon, Jan 13th ]: Reuters

Australia's Star Entertainment pares losses after slipping to record low

[ Mon, Jan 13th ]: timesnownews

Bank Holiday Today? Here's Whether Banks Are Open .. n Monday, January 13, Amid Lohri 2025 Festivities

Sun, January 12, 2025

[ Sun, Jan 12th ]: Reuters

US bank regulator gives BlackRock February deadline on bank stakes, Bloomberg reports

[ Sun, Jan 12th ]: Reuters

Global air finance summit to take stock of jet shortages, trade risks

[ Sun, Jan 12th ]: Couriermail

'Ignored': 27yo reveals sad reality of shopping in Australia

[ Sun, Jan 12th ]: AOL

Top plays among the 'Magnificent 7' and Big Tech stocks as Trump returns to the White House

[ Sun, Jan 12th ]: dailyinvestor

Inflation, interest rates, and NHI - Dawie Roodt's outlook for 2025

[ Sun, Jan 12th ]: businessday

Benefits of Rite Foods graduate trainee programme

[ Sun, Jan 12th ]: MSN

January 12, 2025, Birthday Forecast: Year of stea .. professional progress and financial opportunities

[ Sun, Jan 12th ]: MSN

Q3 results this week: RIL, Infosys, HCL Tech, Jio .. dra Bank among 101 companies to announce earnings

Sat, January 11, 2025

[ Sat, Jan 11th ]: AOL

This Artificial Intelligence (AI) Fintech Could Be One of The Largest IPOs in 2025

[ Sat, Jan 11th ]: Couriermail

'There is a risk': Fears tanking Aussie dollar will 'raise costs'

[ Sat, Jan 11th ]: businessday

Meet three UNILAG's chosen personalities for 55th convocation honorary degree award

[ Sat, Jan 11th ]: MSN

Why is Kohl's closing 27 stores in 2025? Reasons explained

[ Sat, Jan 11th ]: AOL

The next phase of DeFi: Fintechs and exchanges will take the lead

[ Sat, Jan 11th ]: Forbes

Supply-Siders Battle Their Tariff Critics

[ Sat, Jan 11th ]: Indiatimes

Microsoft, Amazon, The Washington Post, and other US companies laying off in 2025

[ Sat, Jan 11th ]: businessday

Here are what to expect from consumer goods firms in 2025

[ Sat, Jan 11th ]: Reuters

Bankers hope for IPO revival in 2025 as high-profile listings stack up

[ Sat, Jan 11th ]: MSN

'Growing competition to cut e-wallet fees'

BMO Capital markets settles with SEC over bond desk supervision

//business-finance.news-articles.net/content/202 .. settles-with-sec-over-bond-desk-supervision.html

Published in Business and Finance on Monday, January 13th 2025 at 9:40 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

BMO Capital Markets agreed to pay more than $40 million to settle U.S. Securities and Exchange Commission charges it failed to properly supervise employees who sold mortgage-backed bonds, the regulator said on Monday.

2025-01-13 210 x 110 / 5733 Bytes

BMO Capital Markets has agreed to pay a $12.5 million fine to settle charges brought by the U.S. Securities and Exchange Commission (SEC) for inadequate supervision of its bond trading desk. The SEC alleged that from 2018 to 2020, BMO failed to properly oversee its traders, leading to violations of record-keeping rules and the use of unapproved communication channels like personal text messages for business discussions. This settlement marks the latest in a series of enforcement actions by the SEC aimed at ensuring financial institutions maintain robust compliance and surveillance systems to prevent misconduct in trading operations.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/bmo-capital-markets-settles-with-sec-over-bond-desk-supervision-2025-01-13/ ]