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A nearly $500 million settlement agreement by four investment banks over control of the stock-loan market is prompting changes to bank practices and warning the industry to take antitrust violations more seriously,


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https://news.bloomberglaw.com/antitrust/big-banks-500-million-settlement-puts-wall-street-on-notice?source=newsletter&item=body-link&region=text-section

The funds in 2017 filed suit, accusing the Wall Street giants of conspiring to thwart all-electronic trading systems that match stock lenders and borrowers in an effort to preserve the banks’ privileged role as a broker on every stock loan trade.

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