Barclays PLC agreed to pay a $200 million fine to settle Securities and Exchange Commission charges stemming from a flubbed debt sale earlier this year.
The British bank had registered with the SEC to sell up to $20.8 billion in securities but sold some $38.5 billion worth instead. The flub involved the sale of structured notes, or debt instruments linked to an underlying reference such as the S&P 500 index, and exchange-traded notes.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/WYWQJG6ODVBWXN77NWONCXI4FQ.jpg)
