HSBC Says It's Settling Calif. AG's Forex Trading Probe – Law360

Law360 (August 3, 2020, 10:42 PM EDT) — HSBC said in a regulatory filing Monday that its main U.S. banking arm has reached a tentative settlement with California’s attorney general to resolve an investigation related to its foreign exchange trading, which has been the subject of several settlements in recent years with U.S. and U.K. authorities.

The bank disclosed the development in a quarterly filing with the U.S. Securities and Exchange Commission, saying the agreement-in-principle between California’s Office of the Attorney General and HSBC Bank USA NA is still being finalized and will be subject to court approval.

The filing did not elaborate on the nature of the state’s…

Let’s block ads! (Why?)

Scalping Strategy Course (DVD + Online) - $299.00

In the much anticipated Forex Scalping Strategy Course, Vic and Sarid show you short-term focused techniques and strategies to make quicker profits while reducing market exposure.

Forexmentor Coach's Corner First Month (Online) - $149.00

The Coach's Corner offers 2 live sessions per week, an integrated approach to trading, FREE access to the VicTrade video course and Darko's Pattern Trading Video Lessons.

Source link

Have your say