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China boosts holdings of US Treasury securities
China, the biggest buyer of U.S. Treasury debt, increased its holdings in May for the second straight month, after five months of declines. Total foreign holdings of Treasury securities also rose, as Japan and the United Kingdom, the second and third-largest overseas owners of Treasurys, boosted their stockpiles. China’s U.S. debt holdings increased $7.3 billion [...]
Merrill Lynch agreed to stop using unlicensed brokers to sell securities in Colorado and to establish a trade monitoring system that makes sure its salespeople are licensed in the state. The agreement is part of a settlement between the brokerage firm and the Colorado Division of Securities, after the division claimed the firm allowed their [...]
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