Search Results for: SEC
SEC Charges Unregistered Broker With Stealing From Investors in Fraudulent Day Trading Scheme
November 19th, 2014
The SEC alleges that Albert J. Scipione and his business partner solicited investors to establish accounts at their company called Traders Café for the purposes of day trading, which entails the rapid buying and selling of stocks throughout the ...
CySec: acquisition of Administrative Services Providers (ASP) licence
November 18th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec licence to operate as Administrative Services Provider (ASP): St James Management Services G.I. Ltd Consulco Limited. ...
CySec: acquisition of Administrative Services Providers (ASP) licence
November 18th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec licence to operate as Administrative Services Provider (ASP): Guricon Limited. West Union (Cyprus) Ltd. The companies ...
CySec: acquisition of Administrative Services Providers (ASP) licence
November 17th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec licence to operate as Administrative Services Provider (ASP): Lewben Cyprus Limited. Alpha IBC Limited. BKMS Ltd. ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
November 14th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “Glistentree Holdings Limited” has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the ...
SEC Seeks $329 Million From Wylys in Illegal Trading Case
November 13th, 2014
Samuel Wyly and the estate of his brother Charles should pay $329 million for using offshore accounts to hide stock holdings and engage in illegal trading, regulators argued in seeking to increase the penalty ordered by a judge. Wyly ...
Forex traders plotted strategy in secret chats
November 13th, 2014
Traders of major banks fined $4.3 billion Wednesday for attempted manipulation of foreign exchange markets used electronic chat rooms to plot their moves. Transcript excerpts of conversations released Wednesday by the Commodity Futures Trading Commission show traders from U.S. banks Citibank(C) ...
SEC to Impose Penalties More Often in Muni Fraud Cases
November 11th, 2014
The U.S. Securities and Exchange Commission plans to impose penalties more frequently in the $3.7 trillion municipal securities market. “An enforcement model with no penalties was not sustainable,” Andrew Ceresney, the SEC’s director of enforcement, said during a panel ...
CySec: Fees and annual contributions of AIFs and AIFMs
November 11th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs all interested parties that Directive DI131/56-2014-01 “’Directive on fees payable and annual contributions of Alternative Investment Funds and Alternative Investment Fund Managers” has been published in the Official Gazette of the ...
CySec announcement regarding lapse of CIF authorisation
November 10th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot regulator, announced that, on 3rd of September 2014, the CIF authorisation of «Trendoks Ltd» with number 212/13 has lapsed, pursuant to section 24(1)(a) of the Investment Services and Activities and Regulated Markets ...
