Search Results for: Securities and Exchange Commission
SEC announced fraud charges against 10 individuals involved in schemes to trick investors
May 4th, 2016
The Securities and Exchange Commission today announced fraud charges against 10 individuals involved in schemes to trick investors into buying shares of a particular company stock. The schemes were allegedly fraught with cash bribes and other kickbacks to registered ...
Thomson Reuters Reports First-Quarter 2016 Results
April 27th, 2016
Thomson Reuters (TSX / NYSE: TRI) today reported results for the first quarter ended March 31, 2016. The company also re-affirmed its 2016 full-year outlook. Reported revenues declined 1%. Before currency, revenues grew 1% Excluding recoveries, revenues increased 2% ...
For robo-advisers, the next bear market will be a big test
April 25th, 2016
Robo-advisers might have more reasons to be worried about the next bear market than investors do. Low fees and an investing-on-autopilot approach have attracted about $50 billion in assets to the broad universe of robo-advisers, according to researcher Aite ...
Deloitte scales back real estate business to avoid audit conflicts of interest
April 21st, 2016
CONFLICTS between Deloitte’s real estate arm and its auditing division has seen the Big Four firm divest the transactional side of its property offering after a review lasting more than four months. It’s understood the US Securities and Exchange Commission ...
SEC announced penalties on two Accounting fraud cases
April 20th, 2016
The Securities and Exchange Commission today announced a pair of financial fraud cases against companies and then-executives accused of various accounting failures that left investors without accurate depictions of company finances. In one case, technology manufacturer Logitech International agreed ...
A new firm obtained the CIF license from CySec
April 20th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Itrade Global Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
CySec wholly withdrawl the license of a Cyprus Investment Firm
April 19th, 2016
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has issued an announcement informing that: On its meeting of 28 March 2016, has decided, pursuant, of section 25(1)(b) and 26(4)(b), of the Investment Services and Activities ...
Bats Global Markets announces pricing of IPO at $19 per share
April 18th, 2016
Bats Global Markets, Inc. (“Bats”), a leading global operator of exchanges and services for financial markets, today announced the pricing of its initial public offering at a price to the public of $19.00 per share. The size of the ...
Broker sentenced to prison after defrauding investors
April 14th, 2016
Broker Michael Donnelly sentenced to prison after defrauding elderly, SEC says He provided fake information about their investment holdings to hide his scheme A federal court in Philadelphia has sentenced broker Michael Donnelly to 99 months in prison for ...
CySec has issued a Circular to inform regarding trading in Binary Options
April 14th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued today a Circular that refers to Cyprus Investment Firms which are providing services in relation to binary options (‘the CIFs’). With this Circular, CySec wishes to inform the CIFs about ...
