Search Results for: Securities and Exchange Commission
BCSC issued warnings against Binary Options trading platforms
December 7th, 2016
The British Columbia Securities Commission (BCSC) has issued warnings to inform public and investors for online binary options trading platform providers. According the warnings, BCSC recently became aware that British Columbia (BC) residents were able to open a trading account ...
SEC Awards $3.5 Million To Whistleblower
December 6th, 2016
The Securities and Exchange Commission today announced that a whistleblower has been awarded approximately $3.5 million for coming forward with information that led to an SEC enforcement action. “Whistleblowers do a tremendous service to the investing public and we ...
PIMCO to pay nearly $20 million to settle Charges
December 2nd, 2016
The Securities and Exchange Commission today announced that investment management firm Pacific Investment Management Company (PIMCO) agreed to retain an independent compliance consultant and pay nearly $20 million to settle charges that it misled investors about the performance of ...
PCAOB Enters Into Cooperative Agreement with Italian Audit Regulator
November 30th, 2016
The Public Company Accounting Oversight Board today announced that it has entered into a cooperative agreement with the Italian audit oversight regulator Commissione Nazionale per le Società e la Borsa (CONSOB). The agreement allows for cooperation between the PCAOB ...
Alert: Beware of Facebook investment scam
November 28th, 2016
Facebook users are promised an $800 payout if they can refer two other people into the “Blessing Loom” and deposit at least $100. Showing signs of a classic Ponzi scheme, authorities and observers warn Facebook users not to join ...
T-Mobile’s accounting slammed by investor group in letter to SEC
November 24th, 2016
MarketWatch is not alone in criticizing wireless operator T-Mobile US. Inc. for its accounting. An investor group sent a formal letter of complaint to the Securities and Exchange Commission on Wednesday, asking the regulator to conduct a probe of ...
FINRA fines investment firm for $3.4 Million
November 23rd, 2016
FINRA Sanctions Oppenheimer & Co. $3.4 Million for Reporting Violations, Failing to Comply With Discovery Obligations in Arbitrations, and Other Supervisory Failures The Financial Industry Regulatory Authority (FINRA) announced that it has fined Oppenheimer & Co. Inc. $1.575 million ...
JPMorgan Chase Paying $264 Million to Settle FCPA Charges
November 18th, 2016
The Securities and Exchange Commission today announced that JPMorgan Chase & Co. has agreed to pay more than $130 million to settle SEC charges that it won business from clients and corruptly influenced government officials in the Asia-Pacific region ...
Forex broker fined for more than $35 Million
November 17th, 2016
Federal Court Orders IB Capital FX, LLC, Michel Geurkink, and Emad Echadi to Pay More than $35 Million in Restitution and a Civil Penalty for Soliciting at Least $50 Million from Members of the Public to Trade Forex, without ...
Israeli-based firm must pay more than $1.7 million for misleading investors into trading binary options
November 11th, 2016
The Securities and Exchange Commission announced that an Israeli-based firm must pay more than $1.7 million for misleading investors into trading binary options over the internet, and the agency warned that other firms may be out there actively trying to ...
