trending Market Intelligence /marketintelligence/en/news-insights/trending/3RZFTvtYN_j0LFFBKZiKKw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Former Lek Securities CEO banned from industry, firm fined $900,000

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Former Lek Securities CEO banned from industry, firm fined $900,000

The Financial Industry Regulatory Authority, NASDAQ Stock Market LLC, New York Stock Exchange LLC, Cboe Global Markets Inc. and some of their affiliated exchanges fined Lek Securities Corp. $900,000 and banned its former CEO, Samuel Lek, from the securities industry in all capacities.

According to the findings, Lek Securities provided market access to foreign traders who engaged in forms of manipulative trading on U.S. equity and options exchanges. FINRA said Samuel Lek and Lek Securities assisted this trading and failed to supervise it.

Moreover, Lek Securities also did not control the financial and regulatory risks of providing customers access to an exchange or alternative trading system, a violation of the Market Access Rule.

FINRA noted that Samuel Lek and Lek Securities disregarded several warnings about potential manipulative trading.

Samuel Lek and Lek Securities neither admitted nor denied the charges but consented to the findings. In addition to the $900,000 fine, the firm agreed to certain restrictions on foreign intraday trading, an independent monitor and undertakings.