The Traderszone Network

Published in TZ Latest News 26 September, 2016 by The TZ Newswire Staff

BoA fined $15.5 million for causing ‘mini-flash crashes’

Apparently lapses in risk controls at the Merrill Lynch unit that led to market disruption in 15 stocks
Reuters report:
– U.S. Securities and Exchange Commission fined the bank $12.5 million
More at that link, above