Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Photo: Ken Wolter/Shutterstock.com

Merrill Lynch has reached a more than $8 million settlement with the U.S. Securities and Exchange Commission, adding to a growing list of recent enforcement actions over alleged improper American Depositary Receipts trades and underscoring the importance of having robust compliance programs.

Phillip Bantz

Phillip Bantz is a reporter for Corporate Counsel. Follow him on Twitter @PhillipBantz.

More from this author


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.