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Showing 1 - 2 of 2 results for "BNY Mellon Securities Corporation"

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... August, RBC Capital Markets was ordered to pay US$45 million for its recordkeeping failures. BNY Mellon Securities Corporation and Pershing were fined US$40 million. The year prior, Wells Fargo Securities and BNP Paribas Securities were among many that ...

Recordkeeping breach costs RBC, BNY Mellon US$85m

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
... Commission (SEC) for recordkeeping failures. RBC Capital Markets will pay US$45 million ($68m) while BNY Mellon Securities Corporation, together with Pershing, will fork out US$40 million ($60m) for "widespread and longstanding failures by the firms ...
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