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Bank of America Securities resolves US probe into alleged market manipulation

( September 18, 2025, 20:39 GMT | Official Statement) -- MLex Summary: BofA Securities, a North Carolina-based financial institution, has agreed to resolve a criminal investigation involving alleged market manipulation schemes by former traders. As part of the resolution, the Justice Department has declined to prosecute BoAS, and BoAS will disgorge approximately $1.96 million and contribute approximately $3.6 million to a victim compensation fund it will establish and administer, prosecutors said.Statement follows below:...

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