Search Results for: PRA
SEC Charges BDO and Five Partners in Connection With False and Misleading Audit Opinions
September 10th, 2015
The Securities and Exchange Commission today charged national audit firm BDO USA with dismissing red flags and issuing false and misleading unqualified audit opinions about the financial statements of staffing services company General Employment Enterprises. The SEC also charged ...
The British Accountancy Awards 2015 shortlist
September 10th, 2015
Accountancy Age is delighted to reveal the British Accountancy Awards 2015 shortlist. Now in fifth year of the awards, our shortlist contains the largest and most diverse set of entrants since we launched. Our Global Firm and National Firm of ...
CFTC launched RED LIST of Foreign Entities that Trade Foreign Currency and Binary Options
September 10th, 2015
CFTC Publishes List of Foreign Entities that Illegally Solicit U.S. Residents to Trade Foreign Currency and Binary Options The New Registration Deficient ‘RED List’ Identifies Companies Operating Illegally The Commodity Futures Trading Commission’s (CFTC) USA, has issued a press ...
World’s largest law firms to be ‘lawyerless’ within five years
September 9th, 2015
Uber and Facebook cited as examples of what a future legal practice might look like Within the next five years the world’s largest law firms will not employ its own lawyers, is a bold prediction by the UK’s leading ...
SEC Charges Three RMBS Traders With Defrauding Investors
September 9th, 2015
The Securities and Exchange Commission today announced fraud charges against three traders accused of repeatedly lying to customers relying on them for honest and accurate pricing information about residential mortgage-backed securities (RMBS). The SEC alleges that Ross Shapiro, Michael ...
Credit Suisse challenges court order to pay $288 mn in mortage suit
September 9th, 2015
Swiss banking giant Credit Suisse on Monday challenged a court ruling ordering it to pay a US hedge fund $287.5 million (257.6 million euros) in a case linked to the burst housing bubble. A court in the US state ...
Bloomberg And Traiana Develop Solution For FX Options Post-trade Processing
September 8th, 2015
Bloomberg STP Solutions, a global cross-asset, post-trade processing provider, and Traiana, the leading provider of pre-trade risk and post-trade processing solutions, today announced a joint effort to develop a straight-through processing infrastructure to further streamline the workflow of foreign ...
INTL FCStone Ltd Appointed by Bank of America Merrill Lynch to Broaden FX Payments Capabilities
September 8th, 2015
INTL FCStone Inc. (Nasdaq:INTL), today announced that its London-based subsidiary, INTL FCStone Ltd.’s (IFL) Global Payments division, will provide Bank of America Merrill Lynch with international payments coverage and third-party delivery services in more than 70 exotic currencies via ...
ASIC Australia bans a broker and a former financial adviser from providing financial services
September 8th, 2015
The Australian Securities & Investments Commission (ASIC), has issued a press release to inform in relation to its decision to ban broker Mr. Raghwa Nand Prasad from providing financial services and from engaging in credit activities for four years ...
JP Morgan to stop open outcry trading on London Metal Exchange
September 8th, 2015
U.S. bank JP Morgan (JPM.N) is quitting open outcry trading on the London Metal Exchange after cutting back on its commodity business, a move that also shows the increasing importance of electronic dealing in metals. The change, announced by ...
