Search Results for: Securities and Exchange Commission
Hedge Fund Managers and Former Government Official Charged in $32 Million Insider Trading Scheme
June 16th, 2016
The Securities and Exchange Commission today announced insider trading charges against two hedge fund managers and their source, a former government official accused of deceptively obtaining confidential information from the U.S. Food and Drug Administration (FDA). A third hedge ...
The latest press release from IronFX Global regarding the planned merger of IronFX, Nukkleus and FXDD
June 9th, 2016
A formal statement has been released by IronFX, Nukkleus and FXDD and can be found below. The formal statement includes comments by Emil Assentato, Nukkleus Chairman and Chief Executive Officer, Craig J. Marshak, the transaction advisor to Nukkleus and ...
ESMA and CFTC to cooperate to recognised Central Counterparties
June 7th, 2016
The European Securities and Markets Authority (ESMA) and the US Commodity Futures Trading Commission (CFTC) have established a memorandum of understanding (MoU) under the European Market Infrastructure Regulation (EMIR). The MoU establishes cooperation arrangements, including the exchange of information, regarding CCPs ...
SEC released: Nukkleus Inc. acquired 9.9% of IBIH Limited and 100% of Iron Australia
June 6th, 2016
The Securities and Exchange Commision (SEC) USA has issued today a press release in relation to the announcement of Nukkleus Inc. for the acquistion from IBIH 2,200 shares of capital stock of IBIH, representing 9.9% of the issued and ...
SEC: Forex Trader Misrepresented Track Record and Hid Massive Losses
June 3rd, 2016
The Securities and Exchange Commission charged a New York City-based Forex trader with defrauding investors out of millions of dollars by misrepresenting her investment track record, the profitability of her investments, and her use of investor funds. The SEC alleges ...
SEC announced: Mortgage Company and Executives Settle Fraud Charges
June 1st, 2016
The Securities and Exchange Commission today announced that a California-based mortgage company and six senior executives agreed to pay $12.7 million to settle charges that they orchestrated a scheme to defraud investors in the sale of residential mortgage-backed securities ...
HKEX and Thomson Reuters agree for the creation a new series of Renminbi (RMB) indices
May 24th, 2016
Hong Kong Exchanges and Clearing Limited (HKEX) and Thomson Reuters today (Tuesday) signed an agreement for the creation of a new series of Renminbi (RMB) indices. The new index series will give the world benchmarks that reflect the development ...
Athens Stock Exchange announced EUR1.9m net after tax profits
May 24th, 2016
The consolidated net after tax profits of the Athens Exchange Group amounted to EUR1.9m vs. EUR4.1m in the first quarter (Q1) of 2015, reduced by 54%. The net after tax profits per share, which include the securities valuation differences and related taxes, amounted to EUR0.02 vs. ...
Moscow Exchange Announces Results for the First Quarter 2016
May 17th, 2016
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the first quarter (1Q) 2016. The quarter saw a significant increase in fee and commission income from the Money Market, FX Market and Derivatives ...
DTCC Signs Memorandum of Understanding on Cooperation with KRX
May 10th, 2016
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and the Korea Exchange (KRX), the sole securities and derivatives exchange operator in South Korea, today announced the signing of a ...
