Search Results for: SEC
SEC Charges Deutsche Bank With Misstating Financial Reports During Financial Crisis
May 27th, 2015
The Securities and Exchange Commission today charged Deutsche Bank AG with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the ...
Spanish Shares Fall After Vote as Greek Stocks Drop Second Day
May 25th, 2015
Equity markets in Spain and Greece fell, dragging European stocks lower as holidays across the region curbed trading volume. The IBEX 35 Index dropped 2.2 percent after local Spanish elections showed support for parties seeking to overturn the political ...
FMA issues warning on continuous disclosure obligations and secures $500,000 compensation payment from Pacific Edge Limited
May 25th, 2015
The Financial Markets Authority (FMA) has concluded its investigation into Pacific Edge Limited regarding potential breaches of its continuous disclosure obligations. The FMA has concluded that it is likely Pacific Edge contravened NZX Main Board Listing Rule 10.1.1(a) and, ...
ICAP e-Commerce launches US Agency Securities matching engine
May 25th, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announced that ICAP Global Broking’s e-Commerce, the hybrid execution business of ICAP, has launched an US Agency Securities matching engine powered by ...
Joint Announcement of China Securities Regulatory Commission and Securities and Futures Commission
May 25th, 2015
To deepen Mainland-Hong Kong financial cooperation and promote the joint development of the Mainland and Hong Kong capital markets, the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) have decided to embark on the Mainland-Hong ...
EY’s slick tender secures Royal Dutch Shell audit
May 21st, 2015
EY is on the cusp of being crowned new auditors to Royal Dutch Shell should its shareholders anoint them at the fossil fuel giant’s 2016 Annual General Meeting. The announcement secures EY’s growing presence in the sector having already bagged ...
FMA secures Asset Preservation Orders over Arena Capital Limited / BlackfortFX
May 21st, 2015
The FMA confirms that it is undertaking an investigation into Arena Capital Limited (Arena), trading as BlackfortFX (Blackfort). The FMA has obtained asset preservation orders over the assets of Arena/Blackfort and associated persons, in light of concerns that investor ...
CySec imposes administrative fine of €20.000 to a CIF
May 21st, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €20.000 to Trademarker (Cyprus) Ltd for the infringement of the Law which provides for the provision of Investment services, the exercise ...
SEC Charges Brokerage Firm Co-Owners With Defrauding Investors
May 21st, 2015
The Securities and Exchange Commission today announced fraud charges against the co-owners of a Manhattan-based brokerage firm. The SEC alleges that as Arjent LLC and its UK-based affiliate Arjent Limited were approaching insolvency, chairman and CEO Robert P. DePalo ...
CySec imposes administrative fine of €8.000 to a CIF
May 20th, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €8.000 to Reliantco Investments Ltd for the infringement of the Law which provides for the provision of Investment services, the exercise ...
