SEC – HSBC Bank Settles SEC Charges And Agrees To Pay $10.5 Million
Washington, D.C., Sept. 19, 2007 – LAWFUEL – The Legal Newswire – The Securities and Exchange Commission today announced settled enforcement proceedings against HSBC Bank USA, N.A., which will pay a $10 million civil penalty and approximately $500,000 in disgorgement for allowing its name and logo to be used in connection with a Florida-based offering
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