
The New York Attorney General announced that Credit Suisse Securities (USA) LLC agreed to pay $10 million to settle an investigation into fraudulent practices in connection with its Retail Execution Services, a wholesale market-making business that executed retail equity orders of everyday investors. The settlement was also negotiated by the Securities and Exchange Commission, which issued its own announcement on its portion of the agreement; For more info visit https://web.archive.org/web/20190922173740/https://ag.ny.gov/press-release/2018/ag-underwood-announces-10-million-settlement-credit-suisse-over-fraudulent