But new standard must be created under U.S. securities laws for several reasons, says CEO of U.S. SRO
The firm failed to accurately report its short interest positions in certain securities
Tougher sanctions against those who commit fraud or make unsuitable recommendations to clients
RBC Capital Markets ordered to pay restitution to customers for supervisory failures
Brokers may be recommending riskier, possibly unsuitable securities
Report outlines non-traditional costs of fraud
New unit to focus on improving how the U.S. watchdog analyzes and uses data
Most incidents involve fraudulent emails or malware
U.S. regulator continues to find shortcomings with firms aligning their interests with their customers
Investors urged to look beyond the hype and be watchful for pump-and-dump fraudsters
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