Search Results for: SEC
OpenMAMA Sees Strong Adoption across Financial Services Sector
July 23rd, 2015
“Significantly increases vendor coverage and re-launches with a new advisory group” OpenMAMA, the project developed to allow financial services firms to move more freely between market data technology and content vendors, today announces its re-launch boasting a new advisory ...
European Banks Face Capital Hit From Second-Quarter Bond Selloff
July 23rd, 2015
The bond market selloff in the second quarter probably dented the capital defenses of many European banks, with lenders in Italy and Spain hit hardest. The extent of the damage will be disclosed when banks report earnings starting this ...
Greece passes second reforms to unlock bailout deal
July 23rd, 2015
Crucial bill secures enough votes in parliament, with government hoping to open bailout negotiations this week. Greece‘s parliament has passed legislation on a second batch of reforms needed to help unlock a huge international bailout for the country’s stricken ...
Greek debt crisis: MPs prepare for second vote on bailout reforms
July 22nd, 2015
The Greek parliament is to vote later on a second set of reforms needed to secure its bailout deal. If MPs approve the financial and judicial reforms, Greece will be able to press ahead with negotiations for an €86 ...
SEC Pays More Than $3 Million to Whistleblower
July 20th, 2015
The Securities and Exchange Commission announced a whistleblower award of more than $3 million to a company insider whose information helped the SEC crack a complex fraud. The multi-million dollar payout is the third highest award to date under the ...
SEC Charges Purported Investment Adviser With Stealing Client Funds and Conducting a Ponzi Scheme
July 17th, 2015
The Securities and Exchange Commission charged a purported investment adviser in San Diego with stealing money from clients for personal use and conducting a Ponzi scheme to pay customers making redemption requests. In a complaint filed in federal court in ...
CySec announces the suspension of the authorisation of CIF ‘1 T.C.R CORP. LTD’
July 16th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: The authorisation of the Cyprus Investment Firm ‘1 T.C.R CORP. LTD’, number 237/14, is suspended, pursuant to section 26(2) of the Investment Services and ...
Barclays’ second boss in a week exits the bank
July 16th, 2015
BARCLAYS deputy chairman Sir Mike Rake has become the second casualty of newly-installed chairman John McFarlane in a week, after he confirmed plans to leave the bank “by the end of 2015” yesterday – which leaves the rest of ...
SEC: OZ Management LP Admits Providing Inaccurate Data, Impacting Brokers’ Records and “Blue Sheets”
July 15th, 2015
The Securities and Exchange Commission today charged OZ Management LP with providing inaccurate trade data to four prime brokers, causing inaccuracies in the brokers’ books and records and in data provided to the SEC in investigations. OZ Management, an ...
EY secured a FTSE 100 company account from rival KPMG
July 13th, 2015
EY is to tuck into another lucrative slice of the FTSE 100 audit market after securing the Associated British Foods (ABF) account from rival KPMG, which has audited the company for over 70 years. The £9.1m account, of which ...
