Barclays, Credit Suisse To Pay $154.3M In Penalties Over Dark Pool Violations

Mealey's (February 3, 2016, 3:20 PM EST) -- WASHINGTON, D.C. — Barclays Capital Inc. and Credit Suisse Credit Suisse (USA) LLC (CSSU) will pay a total of $154.3 million to settle claims filed by the Securities and Exchange Commission and New York Attorney General Eric Schneiderman alleging that they violated federal securities laws in their operations of alternative trading systems (ATS) known as dark pools, as well as Credit Suisse’s Light Pool, according to a trio of SEC administrative orders filed Jan 31 (In the matter of Barclays Capital Inc., File No. 3-17077, SEC;...
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