Get all your news in one place.
100's of premium titles.
One app.
Start reading
Salon
Salon
Politics
Quinn Sental

UNCOVERED: Lutnick s company hit with sec violation - Caught on Camera

The Securities and Exchange Commission on Thursday charged finance/brokerage firm Cantor Fitzgerald with fraud over making misleading disclosures in SEC filings, leading to the company paying a $6.75 million settlement without admitting or denying the charges.

Cantor is one of the biggest dealers of US government debt, according to Financial Times. Cantor’s CEO, Howard Lutnick, is President-elect Donald Trump’s nominee for commerce secretary and co-chair of the Trump transition team. He’s been a vocal supporter of Trump’s proposed policies, including foreign tariffs and deregulation.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.