Compliance Monitor
FCA fines fifth firm over cum-ex trading, as other investigations continue
The regulator has penalised its fifth firm in relation to cum-ex trading of Dutch and Belgian equities, and has ongoing investigations into other cases.
By Neasa MacErlean
The fine - of £2.5 million on Bastion Capital London - is also the fourth of the five relating to carrying out trades for clients of the Solo Group.