Regulators are setting the bar very high and looking hard at Operations.
September 8, 2014
“CFTC fines Merrill Lynch $1.2 mln for client fee errors”. This was the headline from an Aug 24th Reuters article. Reading it was a surprise and it wasn’t; after all, fines for banks are almost an everyday occurrence. What was a surprise was the nature of the fine and the detail of the case. The […]