SEC - Securities and Exchange Commission

The Securities and Exchange Commission today charged global financial services firm Cantor Fitzgerald, L.P. with causing two special purpose acquisition companies (SPACs) that it controlled to make misleading statements to investors ahead of their initial public offerings (IPOs). Cantor Fitzgerald has agreed to pay a $6.75 million civil penalty to settle the SEC’s charges.

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Published on Dec. 12th, 2024 Published on Dec. 12th, 2024
Scenario: Conduct / Misselling Wholesale

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