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Compliance Morning Briefs

Investment banks are cutting their Municipal Bond sales and trading activities due to enhance regulatory scrutiny.
China has approved the expansion of a trading platform similar to the Nasdaq to focus on small and midsized companies.
Consumer Financial Protection Bureau may force American Express to offer refunds to certain customers.
Hungary’s antitrust regulator is investigating alleged abuses by MasterCard Inc.
Two former UBS AG municipal-bond executives accused of rigging bids allegedly gave a contact at a General Electric Co. (GE) (GE) unit early notice of how much to bid on bonds.
Ivory Coast, the world’s biggest cocoa producer, will open a special court to hear legal complaints from the country’s business community in a bid to improve investor confidence in the West African nation.

Read More: Businessweek