Cantor Fitzgerald Ireland fined €453k for market abuse

Failings occurred over a six-year period between March 2017 and June 2023

The Central Bank said Cantor failed on a number of occasions to report identified suspicious transactions that may have indicated market abuse.

The Central Bank of Ireland fined Cantor Fitzgerald Ireland €452,790 pursuant for a breach of the US stockbroker's obligations under the Market Abuse regulations.

The Central Bank said Cantor failed on a number of occasions to report identified suspicious transactions to them that may have indicated market abuse. "Cantor failed to put in place effective governance arrangements to detect and report suspicious orders and transactions that may have indicated market abuse," the authority said.