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Regulatory

UBS to cough up $14m over bond bungle

BY ALLY SELBY | THURSDAY, 23 JUL 2020 12:14PM

UBS will cough up more than $14 million (US$10 million) after the US Securities and Exchange Commission found it had violated rules giving retail investors priority in municipal bond offerings.

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Read more: UBS, SEC, William Costas, John Marvin

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