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UBS Hit with Another US Fine

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Switzerland’s largest bank gets fined in the US for violating short-selling regulations. The Financial Industry Regulatory Authority (FINRA), which regulates US-based brokerages, is fining UBS Securities $2.5 million for violating short-selling regulations over a period of nine years, it said in a statement issued Monday. Uncovered Positions FINRA, which is…

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Click here to read the full story: Finews.com

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