FCA fines / 2022 / BGC Brokers LP, GFI Securities Limited and GFI Brokers Limited

BGC Brokers LP, GFI Securities Limited and GFI Brokers Limited FCA fine

RegActions records a disclosed FCA monetary penalty of £4,775,200 dated 7 Dec 2022 for BGC Brokers LP, GFI Securities Limited and GFI Brokers Limited.

Case facts

Firm or individualBGC Brokers LP, GFI Securities Limited and GFI Brokers Limited
RegulatorFinancial Conduct Authority (FCA)
Date7 Dec 2022
Penalty£4,775,200
RegActions breach classificationMARKET_ABUSE
Public case ID1305e659-db92-420b-af97-c5f1520fb9de

Case summary

This Final Notice refers to breaches of Principle 3 of the FCA’s Principles for Businesses and Article 16(2) of the Market Abuse Regulation related to market protection and wholesale conduct in the Trading Firm sector. We imposed a financial penalty.

Official evidence

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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.