Interactive Brokers ordered to pay $1.2 mln for trustee's 'reckless' trades
April 28, 2015 at 14:45 PM EDT
April 28 (Reuters) - A top discount brokerage, Interactive Brokers LLC, must pay $1.2 million to two Texas siblings who alleged the firm failed to stop "reckless trading" by their trust fund overseer, arbitrators ruled on Tuesday.