RegActions records a disclosed FCA monetary penalty of £8,000,000 dated 24 Jan 2014 for 7722656 Canada Inc formerly trading as Swift Trade Inc.
Case facts
| Firm or individual | 7722656 Canada Inc formerly trading as Swift Trade Inc |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 24 Jan 2014 |
| Penalty | £8,000,000 |
| RegActions breach classification | FRAUD |
| Public case ID | 876a66b3-0a70-4785-b4f6-1af99cfadd69 |
Case summary
For engaging in market abuse to create a false or misleading impression in order to achieve profit.
Official evidence
This page meets the public case-page evidence threshold.
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Scope
This page describes one source-linked monetary record. RegActions excludes non-monetary outcomes and amounts awaiting review from FCA fine totals. The FCA publication remains the authoritative source.