Barclays hit with a $1m fine from FINRA over dodgy Index data
The Financial Industry Regulatory Authority (FINRA) has fined Barclays Capital $1m to settle claims that it issued flawed data on a bond index that it published and then failed to fix for months after it discovered the problem; the bank is also accused of not having a system in place to catch and prevent the release of inaccurate data to customers.  

By Ed Beeson (November 20, 2015, 7:38 PM EST) -- Barclays Capital Inc. has agreed to pay a $1 million fine to settle Financial Industry Regulatory Authority claims that it issued flawed data on a bond index it published and then failed to fix for months after discovering the problem, the regulator said in a settlement released Thursday....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

Access to case data within articles (numbers, filings, courts, nature of suit, and more.)

Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.

Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS