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Credit Suisse in SEC pact over ‘blue sheet’ submissions

US arm of Swiss bank agrees to pay $4.25 million and admits to providing deficient stock-trading data

Credit Suisse in SEC pact over ‘blue sheet’ submissions
Photo: iStock

The US arm of Credit Suisse agreed to pay $4.25 million and admitted that it provided deficient customer stock-trading data – commonly referred to as “blue sheet data” – over a two-year period in a settlement with the Securities and Exchange Commission.

Credit Suisse Securities (USA) LLC, based in New York, also agreed to be censured and to cease and desist future violations of the books and records provisions of US securities laws.

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