Electronic execution brokerage firm Interactive Brokers has been fined $5.5 million by FINRA, a self-regulatory organization (SRO), for allegedly violating the rules for short sale practices — covered by the SEC’s Regulation SHO —and for supervisory failures from July 2012 through June 2015. “Regulation SHO established ‘locate’ and ‘close-out’ standards that are primarily aimed at… Read More >>