Search Results for: regulators
Consumer groups accuse SEC of ignoring investors
March 13th, 2015
The Securities and Exchange Commission is not fulfilling its duty to protect retail investors, particularly in how it regulates financial advisers, a number of consumer groups asserted in a letter to the agency. The eight-page letter dated March 10 outlines several ...
Spain’s Banco Sabadell in Talks to Buy Britain’s TSB Group
March 12th, 2015
Spain’s Banco de Sabadell SA is in talks to buy British consumer lender TSB Banking Group Plc for 1.7 billion pounds ($2.5 billion), to expand outside an economy battered during Europe’s financial crisis. Sabadell, Spain’s fifth-biggest bank, is proposing ...
Big Banks Struggle to Pass Fed’s ‘Stress Tests’
March 12th, 2015
Bank of America must resubmit proposal to address certain weaknesses Four of the biggest names on Wall Street struggled to pass the Federal Reserve’s 2015 “stress tests,” and the U.S. units of two foreign banks fell short, underscoring the ...
BCSC panel fines former registrant for illegally advising on purchase of securities
March 11th, 2015
A British Columbia Securities Commission panel has fined Roberta Merlin McIntosh (a.k.a. Berta McIntosh, Roberta Sims, Roberta Butcher, Roberta Mayer) $30,000 for illegally advising an investor to purchase exempt market securities. The panel also ordered that McIntosh be banned from participating ...
U.S. banks’ buybacks, dividends may be no reason for shareholder celebrations
March 11th, 2015
Big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Citigroup Inc(C.N), are expected to win Federal Reserve backing on Wednesday to buy back more shares and increase their dividends in the coming year, but the approvals may be as much about the institutions’ financial ...
CSA Investor Alert: Unregistered binary option platforms target Canadians
March 10th, 2015
The Canadian Securities Administrators (CSA) are warning investors to exercise caution when considering an investment in binary options. The CSA has become aware of multiple websites promoting binary options trading platforms that are soliciting Canadians. Many of these websites ...
No more weak links – elite law firms unite to fight cyber security threat
March 9th, 2015
It has long been a gripe among major clients – in particular banks – that law firms are the chink in the armour against the growing barrage of cyber attacks. In response, some of the world’s top law firms ...
Banks brace for Fed capital buffers inspection
March 5th, 2015
The largest U.S. banks and their foreign rivals are facing a tough two-step check-up of their financial health by the Federal Reserve, forcing the firms to get a far better grip on how they measure risk. In its annual ...
Statement on EBA guidelines on remuneration policies for public consultation
March 5th, 2015
The European Banking Authority (EBA) has today published draft guidelines on remuneration policies for public consultation. These guidelines seek to clarify how firms and regulators should interpret the remuneration rules in CRD IV. These guidelines would effectively remove the proportionality principle for smaller ...
LedgerX Selects Ancoa to provide platform for monitoring bitcoin options trading
March 2nd, 2015
Ancoa has issued a press release informing that: LedgerX Selects Ancoa to Deliver First Real-Time Market Surveillance Capability for Bitcoin Options Trading Ancoa and LedgerX today announced that LedgerX has selected Ancoa to provide the first real-time market and ...
