Finra, exchanges bar Samuel Lek for faulty supervision
Eponymous firm provided market access to foreign investors engaging in manipulation.
The Financial Industry Regulatory Authority Inc. and virtually every major U.S. securities exchange have permanently barred Samuel Lek, former chief executive officer of Lek Securities, and fined the firm $900,000 for violating their rules.
[More: Securities lawyers call on Finra to halt expungemen
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