Dow Jones

The Securities and Exchange Commission said in an administrative proceeding that First Union Securities had failed to properly record certain terms of customer orders made in connection with the purchase and sale of Treasury securities issued through the noncompetitive bidding process from 1995 through 1998.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.