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“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
HSBC to pay $101.5M in front-running scheme case
U.K.-based global financial services company HSBC Holdings will pay a total of $101.5 million to resolve charges that it engaged in a scheme to defraud two bank clients through a multi-million dollar scheme commonly referred to as “front-running.”
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