Search Results for: Securities and Exchange Commission
NYSE plans to slash costs for retail investors
December 17th, 2014
The new owners of the New York Stock Exchange are planning to slash costs for some orders coming from retail investors in a bid to bring more trading back from “dark pools” and other off-exchange venues, according to a ...
An alternative oil investment that hinges on infrastructure needs
December 15th, 2014
The sharp decrease in oil prices over the past six months undoubtedly has pained advisers and investors interested in the energy sector. Oil prices dropped sharply last week, reaching five-year lows. For the first time since July 2009, the ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
December 15th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “FTSL Financial Trading Solutions Limited” has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under ...
CySec: acquisition of Administrative Services Providers (ASP) licence
December 11th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firm has successfully obtained the CySec licence to operate as Administrative Services Provider (ASP): Trustmondo Services Limited The company is now authorised ...
SEC Penalizes Morgan Stanley for Violating Market Access Rule
December 11th, 2014
The Securities and Exchange Commission today penalized Morgan Stanley & Co. LLC for violating the market access rule when it failed to uphold credit limits for a customer firm with a rogue trader who engaged in fraudulent trading of ...
SEC Sanctions Eight Audit Firms for Violating Auditor Independence Rules
December 9th, 2014
The Securities and Exchange Commission today sanctioned eight firms for violating auditor independence rules when they prepared the financial statements of brokerage firms that were their audit clients. SEC investigations found that the audit firms, which agreed to settle ...
SEC Charges California Resident With Fraudulent Sales of Stock
December 3rd, 2014
The Securities and Exchange Commission today charged the owner of several now-defunct investment entities with fraudulently selling shares of stock that he claimed to own when he had actually purchased them for others a few years before. The SEC ...
Hackers With Wall Street Savvy Stealing M&A Data
December 2nd, 2014
Hackers with Wall Street expertise have stolen merger-and-acquisition information from more than 80 companies for more than a year, according to security consultants who shared their findings with law enforcement. A group dubbed FIN4 by researchers at FireEye Inc. ...
CySec: acquisition of Administrative Services Providers (ASP) licence
November 27th, 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): Egard Management Ltd Delta Quest (Nominees) Limited TMF ...
CySec Announces 22 authorisations
November 27th, 2014
The Board of the Cyprus Securities and Exchange Commission, announces to grant to the following companies a Cyprus Investment Firm authorisation. Granting authorisation to the below companies was decided during its meetings between May – October 2014. 1. VPR SAFE ...
