Search Results for: Securities and Exchange Commission
CySec announced the suspension and commencement of proceedings for the possible withdrawal of an ASP license
December 20th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that the Administrative Services provider authorisation of Blaustein Corporate Services Ltd (‘the Company’), with number 171/196, is suspended on December 8 2016, pursuant to section 15(1)(b) ...
CySec announced Continuance of suspension and commencement of proceedings for the possible withdrawal of a CIF license
December 20th, 2016
Following the announcement dated 29th September 2016, the Cyprus Securities and Exchange Commission (CySec), after a decision at the meeting dated 28th November 2016, announces that the authorisation of the Cyprus Investment Firm Best Choice FBC Ltd (‘the Company’), ...
SEC Charges Three Individuals and Broker-Dealer With Violating Market Structure Rules
December 19th, 2016
The Securities and Exchange Commission today announced settled cease-and-desist proceedings against the CEO of a Utah-based broker-dealer and two registered persons associated with the firm for causing the firm’s violations of SEC market structure rules, and contested administrative and ...
Enforcement Director Andrew J. Ceresney to Leave SEC
December 9th, 2016
The Securities and Exchange Commission today announced that Enforcement Director Andrew J. Ceresney will leave the agency by the end of the year. During his nearly four years as head of the agency’s largest division, Mr. Ceresney implemented approaches ...
Playtech commented on CySec’s and FCA’s proposals and announces Share Buyback Programme
December 6th, 2016
Playtech (LSE: PTEC) today announces a share buyback programme (the “Buyback Programme”) of up to €50 million. At its 2016 interim results in August, Playtech reiterated that it is cognisant of the need for an efficient balance sheet with ...
CFTC approved rules for swap dealer and major swap participant minimum capital requirements
December 5th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today unanimously approved proposed rules establishing swap dealer (SDs) and major swap participant (MSPs) minimum capital requirements. As required by the Dodd Frank Wall Street Reform and Consumer Protection Act, the rules ...
KPMG is getting questioned to Wells Fargo sales-practices scandal
November 3rd, 2016
Wells Fargo & Co. isn’t the only one having to answer to Washington over its sales-practices scandal. Its longtime auditor, KPMG LLP, is getting questioned, too. In a letter to KPMG last week, Sen. Elizabeth Warren (D., Mass.) and ...
SEC Charges Board Member With Insider Trading During and After Board Meeting
October 24th, 2016
The Securities and Exchange Commission today charged a Tennessee-based lawyer who served on the executive committee of the board of directors at Nashville-based Pinnacle Financial Partners with insider trading based on nonpublic information he learned about an impending merger. ...
Company and Former Executives Paying Penalties for Accounting Violations
October 21st, 2016
The Securities and Exchange Commission today announced that a Houston-based technology solutions company has agreed to pay a $2.5 million penalty to settle charges that it overstated profits in one of its business segments. Two then-executives at the company ...
The brokerage arm of Celera Group becomes member of the London Stock Exchange
October 20th, 2016
9th Greater China member, 1st on London Stock Exchange Derivatives Market Reflects London’s position as a leading offshore Renminbi centre Further strengthens UK-Greater China ties London Stock Exchange today welcomes Celera Markets, the brokerage arm of Greater China diversified financial industry ...
