Search Results for: Securities and Exchange Commission
SEC Awards Whistleblower More Than $700,000 for Detailed Analysis
January 18th, 2016
The Securities and Exchange Commission announced a whistleblower award of more than $700,000 to a company outsider who conducted a detailed analysis that led to a successful SEC enforcement action. “The voluntary submission of high-quality analysis by industry experts ...
BATS Global Markets reports record 2015 Market Share
January 18th, 2016
BATS Global Markets reports record 2015 Market Share in U.S Equities, Options and ETF Trading; Remains #1 Europe Stock Market More Than Doubles the Number of ETFs Listed on Its U.S. Market in 2015, Bringing Total Number to ...
SEC Charges Goldman Sachs
January 15th, 2016
SEC Charges Goldman Sachs With Improper Securities Lending Practices The Securities and Exchange Commission announced that Goldman, Sachs & Co. has agreed to pay $15 million to settle charges that its securities lending practices violated federal regulations. According to the ...
Hedge fund manager barred from managing client money until 2018
January 11th, 2016
Steven A. Cohen Barred From Supervisory Hedge Fund Role SEC Examinations and Independent Consultant Reviews Also Part of Settlement The Securities and Exchange Commission announced that hedge fund manager Steven A. Cohen will be prohibited from supervising funds that manage ...
CySec imposed more than 2 million in Administrative Fines on Investment firms in 2015
January 8th, 2016
The Cyprus Securities and Exchange Commission (CySec) has imposed the total of €2,174 million of fines on Cyprus Investment Firms in 2015. In this amount is included a settlement made between CySec and a CIF. The biggest fines were ...
SEC: J.P. Morgan Misled Customers on Broker Compensation
January 7th, 2016
The Securities and Exchange Commission announced that J.P. Morgan’s brokerage business agreed to pay $4 million to settle charges that it falsely stated on its private banking website and in marketing materials that advisors are compensated “based on our clients’ ...
CySec announced a new CIF licence for an Investment firm
January 5th, 2016
Further to CySec’s announcement for new CIF License acquisition dated December 04, the Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, announces today that “Starfish Markets (Cy) Ltd“ has successfully obtained the CySec licence for ...
CySec announces acquisition of CIF licence for Investment Services
January 4th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has announced that “Chase Buchanan Ltd“ has successfully obtained the CySec licence for CIF(Cyprus Investment Firms). The firm is now authorised to operate legally under the supervision of CySec ...
11 Bitcoin Startups That Went Bust in 2015
December 28th, 2015
This year was a time of further consolidation for the bitcoin industry. After what you might call a ‘Wild West’ period (when it seemed everyone with the urge was setting up their own bitcoin-based service), the space is now rapidly becoming ...
Morgan Stanley Settles Charges in “Parking” Scheme
December 23rd, 2015
The Securities and Exchange Commission today announced that Morgan Stanley Investment Management has agreed to pay $8.8 million to settle charges that one of its portfolio managers unlawfully conducted prearranged trading known as “parking” that favored certain advisory client ...
