Wall Street watchdog to boost transparency about using 'cooperation' for penalty reductions

Wall Street's industry-funded watchdog on Thursday said it plans to be more transparent about its process for determining when a securities brokerage qualifies for a reduced penalty in exchange for so-called "extraordinary cooperation." [Source]

Origin: reuters.com

Category: businessNews

Topics: wall, watchdog, penalty, reductions, street's

Source Link: http://feeds.reuters.com/~r/reuters/businessNews/~3/6ye7ncOGEeQ/wall-street-watchdog-to-boost-transparency-about-using-cooperation-for-penalty-reductions-idUSKCN1U6273