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Inaccurate information on Bloomberg subscription service leads to $5m fine

SEC HQ
Photo: SEC

Martin Cloake

<1 min read
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BVAL found to have failed to disclose basis of securities valuations.

Bloomberg Finance LP has been hit with a $5m SEC fine for failing to provide accurate information about the way it valued certain fixed-income securities.

The regulator found that, from at least 2016 through October 2022, “Bloomberg failed to disclose to its BVAL customers that the valuations for certain fixed-income

BVAL is

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