Explore the suspension of Joseph Sapio, former Head of the US Repo Desk, for failing to supervise traders effectively.

We're still a year and a half from the effective date of the US Treasury Clearing mandate for cash trades and two years from the effective date for US Treasury repo transactions. But participants in ...

Derivatives experts also flag improvements to the stress tests that EU firms are required to perform. The final rules should reduce the operational burden of stress tests for clearinghouses, clearing ...

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Apex Clearing Corporation, a wholly-owned subsidiary of Apex Fintech Solutions Inc., is an SEC registered broker dealer, a member of FINRA and SIPC, and is licensed in 53 states and territories.

Apex Clearing Corporation, a wholly-owned subsidiary of Apex Fintech Solutions Inc., is an SEC registered broker dealer, a member of FINRA and SIPC, and is licensed in 53 states and territories.

A clearing firm agreed to pay $3.2 million and certify that it put in place compliance measures under an agreement with the Financial Industry Regulatory Authority (FINRA). Clearing firms are the ...

FINRA hits Apex Clearing with a $3.2 million fine for being misleading about its plans to ensure clients receive fees from lending out their securities.

The brokers, FINRA said, enrolled all of their clients in these programs without assessing suitability, and failed to compensate investors for borrowing their securities. Now, FINRA has also ...

WASHINGTON, February 04, 2025--FINRA has fined Apex Clearing Corporation $3.2 million for violations related to its fully paid securities lending program. This is the first time FINRA has charged ...