Search Results for: Securities and Exchange Commission
SEC Charges Former Brokerage CEO for His Role in Fraudulent Scheme
February 11th, 2015
The Securities and Exchange Commission today announced that the former CEO of a global investment services firm’s brokerage subsidiary agreed to pay more than $783,000 and admit wrongdoing to settle a case involving employees under his control misleading customers. ...
SEC Proposes Rules for Hedging Disclosure
February 10th, 2015
Amendments Would Enhance Corporate Disclosure of Hedging Policies for Officers, Directors and Employees The Securities and Exchange Commission today announced it has approved the issuance of proposed rules that would enhance corporate disclosure of company hedging policies for directors ...
SEC Imposes Sanctions Against China-Based Members of Big Four Accounting Networks for Refusing to Produce Documents
February 9th, 2015
The Securities and Exchange Commission today imposed sanctions against four China-based accounting firms that had refused to turn over documents related to investigations of potential fraud. The China-based firms are members of large international networks associated with the “Big ...
SEC probes Blackberry options trading ahead of Reuters report about Samsung talks
February 6th, 2015
The U.S. Securities and Exchange Commission is investigating a January 14 spike in trading in BlackBerry Ltd options that took place hours before Reuters reported that Samsung Electronics Co was in talks to buy the Canadian smartphone maker, according ...
CySec fines Banc de Binary Ltd
February 4th, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €125.000 to Banc de Binary Ltd for the infringement of the Law which provides for the provision of Investment services, the ...
SEC Alerts Investors, Industry on Cybersecurity
February 4th, 2015
The Securities and Exchange Commission today released publications that address cybersecurity at brokerage and advisory firms and provide suggestions to investors on ways to protect their online investment accounts. “Cybersecurity threats know no boundaries. That’s why assessing the readiness ...
Alstom Gets Break on Fine
February 2nd, 2015
Court Granted Delay in $772 Million Payment Because of Possible Business Impact When the U.S. Justice Department announced a record $772 million foreign-bribery settlement with Alstom SA in December, there was a hitch: The French engineering company couldn’t pay ...
FXCM announced on Stockholder Rights Plan
February 2nd, 2015
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange, or FX, trading and related services, announced that its Board of Directors has adopted a Stockholder Rights Plan (the “Rights Plan”) and declared a dividend distribution of one right ...
CySec’s announcement
January 28th, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) wishes to bring to the attention of the supervised entities, the stakeholders and the investing public that: As a result of continuous and coordinated efforts along with other governmental departments and stakeholders, it achieved the ...
SEC Charges Oppenheimer
January 28th, 2015
The Securities and Exchange Commission today charged Oppenheimer & Co. with violating federal securities laws while improperly selling penny stocks in unregistered offerings on behalf of customers. Oppenheimer agreed to admit wrongdoing and pay $10 million to settle the ...
