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Home>Topics>>SEC looks to see if weak controls worsened Knight loss: source

SEC looks to see if weak controls worsened Knight loss: source

Reuters: Business News

Thu, 16 Aug 2012

(Reuters) - U.S. regulators are working to figure out whether the trading snafu at Knight Capital Group that resulted in a $440 million loss and nearly destroyed the firm was exacerbated by a breakdown in risk management, according to a source familiar with the situation.

Read the rest of this article on Reuters: Business News

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  1. Knight Capital Group
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