SEC Fines HSBC For Inadvertent Role in Scam

HSBC Bank USA has agreed to pay $10.5 million in fines and penalties to the Securities and Exchange Commission for negligently allowing its name and logo to be used in connection with an alleged Miami-based....

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By: Christopher Owen
September 21, 2007
HSBC Bank USA has agreed to pay $10.5 million in fines and penalties to the Securities and Exchange Commission for negligently allowing its name and logo to be used in connection with an alleged Miami-based....