Legal
UBS unit to pay $5.3 million to settle SEC charge
A UBS AG hedge fund agreed to pay a fine of $5.3 million to settle a charge that one of its units bought stocks in public offerings that an affiliated unit was shorting, the U.S. securities regulator said on Monday. The U.S. Securities and Exchange Commission said UBS AG's $6…
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Click here to read the full story: Economic Times/India Times