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UPDATE 2-BofA to pay $15.5 mln fines for causing ‘mini-flash crashes’

Sept 26 (Reuters) – Bank of America Corp agreed to
pay a total of $15.5 million in fines to settle charges by U.S.
regulators and exchanges that lapses in its Merrill Lynch unit’s
risk controls disrupted trading in 15 stocks, leading to
“mini-flash crashes.”

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