Search Results for: SEC
SEC announces fraud charges against Investment Adviser
January 23rd, 2015
The Securities and Exchange Commission today announced fraud charges and an asset freeze against a Fort Lauderdale, Florida-based investment advisory firm, its manager, and three related funds in a scheme that raised more than $17 million since November 2013. ...
PwC named best Global Treasury Consultant for 14th consecutive year
January 22nd, 2015
Top honour in Treasury Management International’s annual Awards for Innovation and Excellence PwC has been recognised by global publication Treasury Management International (TMI) as Best Treasury Consultant in their annual Awards for Innovation and Excellence. This marks the 14th ...
Canadian Securities Regulators propose derivatives reporting rules
January 22nd, 2015
The securities regulatory authorities in Alberta, British Columbia, New Brunswick, Nova Scotia and Saskatchewan (participating jurisdictions) today published for comment Proposed Multilateral Instruments 91-101 Derivatives: Product Determination and 96-101 Trade Repositories and Derivatives Data Reporting. Together, these proposed instruments would form ...
WARNING: Commission de Surveillance du Secteur Financier
January 22nd, 2015
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named iGetMania which claims to have established in Luxembourg an alleged investment fund named ACG1 regulated by the CSSF. The CSSF informs the public that ...
SEC Announces Charges Against Standard & Poor’s for Fraudulent Ratings Misconduct
January 22nd, 2015
The Securities and Exchange Commission today announced a series of federal securities law violations by Standard & Poor’s Ratings Services involving fraudulent misconduct in its ratings of certain commercial mortgage-backed securities (CMBS). S&P agreed to pay more than $58 ...
B.C. Securities Commission alleges Alberta man defrauded two investors
January 20th, 2015
The Executive Director of the British Columbia Securities Commission has issued a notice of hearing alleging that an Alberta man and a numbered company that he controls defrauded two investors. The notice alleges that Robert James Maddigan, an engineer ...
CySec requests further information from CIFs after the recent move on Swiss Franc
January 19th, 2015
The recent move on the Swiss Franc has urgent CySec to ask information from the investment firms under its supervision, on the impact of the move on their business. With a circular, the Cyprus Securities and Exchange Commission (CySec) ...
SEC Charges UBS Subsidiary With Disclosure Violations and Other Regulatory Failures in Operating Dark Pool
January 16th, 2015
The Securities and Exchange Commission today charged a subsidiary of UBS with disclosure failures and other securities law violations related to the operation and marketing of its dark pool. UBS Securities LLC agreed to settle the charges by paying ...
SEC Adopts Rules to Increase Transparency in Security-Based Swap Market
January 15th, 2015
The Securities and Exchange Commission today adopted two new sets of rules that will require security-based swap data repositories (SDRs) to register with the SEC and prescribe reporting and public dissemination requirements for security-based swap transaction data. The SEC ...
SEC Charges Direct Edge Exchanges With Failing to Properly Describe Order Types
January 13th, 2015
The Securities and Exchange Commission today announced that two exchanges formerly owned by Direct Edge Holdings and since acquired by BATS Global Markets have agreed to pay a $14 million penalty to settle charges that their rules failed to ...
