Macquarie fined over futures contract
Macquarie Bank has been fined A$20,000 by Australian regulators for breaking Sydney exchange rules on futures trading.
Anne Brown, the SFE's general manager for risk and compliance, said: "Public notification would more effectively reinforce to Macquarie and the market the seriousness with which the [SFE business conduct] committee viewed the incident."
The employee responsible has been reprimanded but not fired, Macquarie said.
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