© Reuters. FILE PHOTO: The logo of the new Financial Conduct Authority is seen at the agency’s headquarters in the Canary Wharf business district of London
(Reuters) – Britain’s markets regulator has fined U.S.-listed Charles Schwab (NYSE:)’s UK business 8.96 million pounds for failing to protect client assets, carrying out a regulated activity without permission and making a false statement to the watchdog.
The Financial Conduct Authority (FCA) said https:// on Monday the breaches, which occurred between August 2017 and April 2019 affected retail customers at the financial services firm.
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