Search Results for: Securities and Exchange Commission
SEC probing Goldman Sachs internship
September 19th, 2014
U.S. regulators are investigating a Goldman Sachs Group Inc (GS.N) internship for the brother of a former official at Libya’s sovereign wealth fund and perks allegedly offered by the bank to the fund, the Wall Street Journal reported on ...
Dark Pools need more transparent future as threats rise
September 18th, 2014
Off-exchange markets, accounting for more than 40 percent of dark-pool volume, have publicly disclosed rules of operation that were previously hidden. The private venues host 17 percent of trading in the $24 trillion U.S. stock market. They’re taking the ...
SEC fines trading firm for violating net capital rule for broker-dealers
September 18th, 2014
The U.S. Securities and Exchange Commission has charged a New York-based high frequency trading firm with violating the net capital rule that requires all broker-dealers to maintain minimum levels of net liquid assets or net capital. The firm’s former ...
CySec: Council regulations over Ukraine
September 18th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities’) about the publication in the Official Journal of the European Union the following: 1. Council Regulation (EU) No.959/2014 of ...
U.S. SEC sets out settlement with AgFeed over accounting fraud
September 16th, 2014
AgFeed, a Tennessee animal feed company, will pay back $18 million in alleged illicit profits to settle civil accounting fraud charges, U.S. regulators said Monday. AgFeed Industries, which is currently in bankruptcy, was charged by the Securities and Exchange ...
Brazilian Mogul faces charges of Insider Trading
September 15th, 2014
The Brazilian businessman Elike Batista was accused of manipulating the share price of his now-bankrupt petroleum company, OGX, and engaging in insider trading. The investigation from the public prosecutor began in April. If a trial takes place and Mr. ...
CySec warning against unauthorised firm
September 12th, 2014
The Cyprus Securities and Exchange Commission (CySec) wishes to inform the investors that the company ‘S.C. BINARY FLOOR ONLINE LTD’ (www.binaryfloor.com): 1. Is not permitted to provide investment and ancillary services in the Republic, pursuant to Investment Services and ...
SEC Announces Charges Against Corporate Insiders for Violating Laws
September 11th, 2014
The Securities and Exchange Commission today announced charges against 28 officers, directors, or major shareholders for violating federal securities laws requiring them to promptly report information about their holdings and transactions in company stock. Six publicly-traded companies were charged ...
CySec imposes administrative fine of €18.000
September 10th, 2014
The Cyprus Securities and Exchange Commission informs the investors that decided to impose the administrative fine of €18.000 in total against Cyprus Investment firm “Regency Asset Management (Cyprus) Ltd” for breaching the Prevention and Suppression of Money Laundering and ...
CySec imposes administrative fine of €10.000
September 10th, 2014
The Cyprus Securities and Exchange Commission informs the investors that decided to impose the administrative fine of €10.000 in total against Cyprus Investment firm “SIB (Cyprus) Ltd” for breaching the Prevention and Suppression of Money Laundering and Terrorist Financing ...
