RP Martin has become the second broker to be fined over Libor
Martin Holdings has been issued a combined £1.3m fine
by US and UK regulators for manipulating a crucial lending
rate, becoming the second broker to face penalties for rigging
The US Commodity Futures Trading Commission (CFTC) fined RP
Martin around £700,000 and the British Financial Conduct
Authority issued a penalty to its UK broking subsidiary
£630,000 for misconduct relating to the London Interbank
Offered Rate (Libor).
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