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Cantor Fitzgerald to pay $6.75M to settle SEC charges

Cantor Fitzgerald, the Wall Street firm that President-elect Donald Trump nominated for secretary of commerce, will pay a $6.75 million civil penalty after the incident. He was charged by the Securities and Exchange Commission with violating disclosure laws. The SEC said the global financial services company violated laws governing disclosure related to so-called “blank check […]

Cantor Fitzgerald CEO backs cryptocurrency Tether despite Hamas links

Cantor Fitzgerald CEO Howard Lutnick is furious at the New York financial giant’s huge investment in Tether, a cryptocurrency popular with terrorist groups including Hamas. Last month, Lutnick, whose brother is an ardent supporter of Israel and whose brother killed about 3,000 people in the 9/11 attacks, touted Tether at the World Economic Forum in […]