Cantor Fitzgerald Settles SEC Charges
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Cantor executivesCNBC
•Business
Business & Economics
SEC charges Cantor Fitzgerald, led by Trump’s Commerce pick, with breaking securities laws

84% Informative
Securities and Exchange Commission charged Cantor Fitzgerald with violating laws related to disclosures by so-called blank-check companies before they raised money from the public.
Cantor agreed to settle the case by saying the firm would not violate the relevant securities laws again and pay a $6.75 million civil penalty.
Cantor 's chairman and CEO, Howard Lutnick , was recently nominated by President-elect Donald Trump to lead the Commerce Department .
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