The U.S. Financial Industry Regulatory Authority (FINRA) and major exchanges have fined Credit Suisse’s (CSGN.S) U.S.-based securities business $6.5 million for supervisory failings, FINRA said late on Monday. FINRA, the securities industry self-regulator, and the exchanges found that Credit Suisse Securities (USA) LLC did not establish a supervisory system reasonably designed to monitor for potential trading violations, such as spoofing and layering, for clients it had offered direct market access to numerous exchanges between 2010 and 2014. The exchanges backing the fine are Cboe Global Markets, the Nasdaq Stock ... (full story)