By Sarah N. Lynch
WASHINGTON, Jan 31 (Reuters) - Barclays and CreditSuisse are poised to settle federal and state chargesthat they misled investors in their dark pools, with Barclaysadmitting it broke the law and agreeing to pay $70 million,according to a person familiar with the matter.
The settlements between the banks and the Securities andExchange Commission and New York Attorney General, which areexpected to be formally announced on Monday, will mark the twolargest fines ever paid in connection with cases involving darkpools.
All together, the banks are expected to pay a combined totalof $154.3 million, said the source, who spoke anonymouslybecause the deal has not yet been finalized and made public. (Reporting by Sarah N. Lynch in Washington and Herbert Lash inNew York; Editing by Andrea Ricci)