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Nomura Securities to Repay $25 Million to Bond Customers

July 24, 2019 by Louis Chunovic

Nomura Securities to Repay $25 Million to Bond Customers

New York City-based Nomura Securities International Inc. has agreed to repay approximately $25 million to customers for its alleged failure to adequately supervise traders in mortgage-backed securities, according to the Securities and Exchange Commission, which reports settling charges filed in two related enforcement actions. Nomura Securities International is the wholly owned subsidiary of Nomura Holdings… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Corporate Actions, Industry News, Middle-Office, Operational Risk, Reconciliation & Exceptions, Risk Management, Settlement, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), Back-Office, Integration, Standards, Performance Measurement, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Derivatives, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: James Im, Kee Chan, misleading statements, mortgage-backed securities, Nomura Securities, Sanjay Wadhwa, SEC

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