Swiss Regulator Probes UBS Over Stock Exchange Disclosure

Law360, New York (October 24, 2013, 6:25 PM EDT) -- Nearly a year after it paid $1.5 billion to settle Libor-related claims with U.S., U.K. and Swiss regulators, UBS AG was hit Thursday with an investigation by the independent regulatory arm of SIX Swiss Exchange Ltd. over an alleged violation of ad hoc publicity rules in the bank's stock exchange disclosures.

SIX Exchange Regulation said in a statement that it has opened an investigation against the financial services firm for breaching its rules governing ad hoc publicity, which apply to all information that may have a...
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