Liquidnet pays $5 million fine to settle US SEC charges over controls, confidentiality

NEW YORK (Reuters) – Liquidnet agreed to pay a $5 million civil fine to resolve U.S. Securities and Exchange Commission charges that the broker-dealer lacked necessary controls regarding market access, and failed to protect confidential subscriber trading information. The SEC said on Friday that Liquidnet violated a rule governing alternative trading systems operators by setting…

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Exclusive-Biden administration to release clean fuel tax credit model that limits ethanol producers’ credit access, sources say

NEW YORK (Reuters) – The Biden administration is expected to release by next week a climate model for clean fuel tax credits that will not include climate-smart agricultural practices, three sources familiar with the matter told Reuters. The exclusion of the practices would make it harder for ethanol producers to access clean fuel energy credits…

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