Bloomberg Finance LP has been fined $5 million for misleading disclosures by BVAL, a paid subscription service of the global markets data provider, the US Securities and Exchange Commission (SEC) said Monday.The SECs order finds that Bloomberg violated section 17(a)(2) of the Securities Act. Witho ..
The finance juggernaut has agreed to fork out US$5 million in penalties to the Securities and Exchange Commission (SEC) following charges related to its fixed income valuations.
Bloomberg Finance LP has agreed to pay a $5 million fine to settle charges from the U.S. Securities and Exchange Commission over misleading disclosures relating to its paid subscription service,.