Search Results for: SEC
SEC: Rengan Rajaratnam Settles Insider Trading Charges
October 24th, 2014
The Securities and Exchange Commission (SEC) has announced that former hedge fund manager Rajarengan “Rengan” Rajaratnam has agreed to pay more than $840,000 and accept securities industry bars in order to settle the agency’s insider trading case against him. ...
CySec: acquisition of Administrative Services Providers (ASP) licence
October 23rd, 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): RCB Trustees (Cyprus) Limited Crendaro Investments Limited The ...
Facebook pays no UK corporation tax for a second year
October 23rd, 2014
Facebook paid no UK corporation tax for the second year in a row in 2013, while employees received shares in the company worth tens of millions of pounds. The world’s largest social media company reported a pre-tax loss of ...
CySec: Amendment of Directive regarding Certification and public register
October 23rd, 2014
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform all interested parties that the Directive regarding the Certification of employees and the public register (R.A.D. 499/2012) («the Directive») has been amended in regards to the passing grade ...
CySec: acquisition of Administrative Services Providers (ASP) licence
October 22nd, 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): Amicorp (Cyprus ) Limited O.T.A Orphanides Trust Agency ...
CySec: publication of Directives
October 21st, 2014
The Cyprus Securities and Exchange Commission (CySec) informs those market participants concerned, that, on October 17th 2014, the following Directives were published in the Official Gazette of the Republic of Cyprus, Third Annex Part I: (a) R.A.D. 467/2014, pp. 2428-2478, “Directive DI131-2014-01, ...
CySec: Directive regarding Tied Agents
October 21st, 2014
The Cyprus Securities and Exchange Commission (CySec) issued an announcement informing those market participants concerned, that, on October 17th 2014, Directive “DI144- 2007-13 of the Cyprus Securities and Exchange Commission in relation to Tied Agents”, was published in the Official Gazette ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
October 20th, 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 for CIF (Cyprus Investment Firms): Holiway Investments Limited Plus500CY Limited Capital Index (Cyprus) Limited The ...
SEC Charges New York-Based High Frequency Trading Firm With Fraudulent Trading
October 17th, 2014
The Securities and Exchange Commission sanctioned a New York City-based high frequency trading firm for placing a large number of aggressive, rapid-fire trades in the final two seconds of almost every trading day during a six-month period to manipulate ...
Islamic Corporation for the Development of the Private Sector (ICD) signs two MoUs in Washington DC
October 16th, 2014
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDB), and the Small Enterprise Assistance Funds (SEAF), a US-based international financial institution mandated to promote economic development ...
