Barclays Capital has agreed to pay a $650,000 fine as a part of a settlement with the United States Financial Industry Regulatory Authority (FINRA). Barclays’ settlement offer was accepted by FINRA on December 1, 2020. The settlement stems from what FINRA dubbed as “systemic TRACE reporting issues” that Barclays had during the period from January 2017 through April 2019. These issues resulted in violations of FINRA rules. More specifically, from January 2017 through October 2018, Barclays consistently reported over 2% of its Corporate transactions to TRACE more than 15 minutes after the time of execution, resulting ... (full story)