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SEC Censures OTC Link LLC for Repeated Compliance Failures Related to Regulation SCI
Source: U.S. Securities and Exchange Commission
Regulation & LegislationLegal & LitigationFintech
The SEC censured New York-based broker-dealer OTC Link LLC and imposed a $575,000 civil penalty for longstanding violations of Regulation Systems Compliance and Integrity (SCI). The enforcement action highlights operational and regulatory-compliance risks at the firm, though the financial penalty is unlikely to have broad market impact.
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