Search Results for: U.S. Securities and Exchange Commission
GAIN Capital Provides Update on Status of Form 10-K Filing
March 18th, 2016
GAIN Capital Holdings, Inc. (NYSE: GCAP; “GAIN” or “the Company”), a global provider of online trading services, today provided an update regarding the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2015 (the “10-K”). GAIN ...
VimpelCom will pay to resolve probes in the second largest global anti-corruption settlement in history
February 19th, 2016
Amsterdam-based telecommunications operator VimpelCom Ltd on Thursday said it would pay $795 million (£555 million) to resolve U.S. and Dutch probes into a bribery scheme in Uzbekistan, in the second largest global anti-corruption settlement in history. The settlement was ...
Barclays, Credit Suisse Charged With Dark Pool Violations
February 1st, 2016
The latest update regarding the charges is that Barclays and Credit Suisse Agree to Dark Pools Settlements Barclays Plc and Credit Suisse Group AG agreed to settle allegations by New York’s top cop and the U.S. Securities and Exchange ...
Brokers Warned Not to Steer Clients’ Stock Trades Into Slow Lane
December 15th, 2015
Brokers have been put on notice: treat your customers’ orders as well as you treat your own. The Financial Industry Regulatory Authority, Wall Street’s self-regulator, recently said firms using the fastest, most expansive price databases for their own stock trading must ...
Currency Spoofing Is Said to Be New York’s Latest Target
November 24th, 2015
Subpoenas sent to brokers including TFS-ICAP, Tullett Prebon Schneiderman probing FX options linked to emerging markets The New York attorney general is investigating possible manipulation in foreign-exchange trading, according to a person familiar with the matter, aiming more scrutiny ...
Goldman’s BRIC Era Ends as Fund Folds After Years of Losses
November 9th, 2015
BRIC fund loses 21% in five years, leading to investor exodus Acronym-based investment strategy comes under greater scrutiny The BRIC era is coming to an end at Goldman Sachs Group Inc. The bank’s asset-management unit folded its money-losing BRIC ...
SEC warns for fraudsters who may attempt to manipulate share prices by using social media
November 6th, 2015
The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (“OIEA”) is issuing this Investor Alert to warn investors about fraudsters who may attempt to manipulate share prices by using social media to spread false or ...
New York investigating Exxon over climate statements: source
November 6th, 2015
The New York attorney general has launched an investigation into whether Exxon Mobil Corp (XOM.N) misled the public and shareholders about the risks of climate change. Attorney General Eric Schneiderman subpoenaed the company on Wednesday evening, demanding extensive financial ...
First Data Announces Pricing of its Initial Public Offering
October 16th, 2015
First Data (“First Data”) announced the pricing of its initial public offering of 160,000,000 shares of its Class A common stock at $16.00 per share. Shares of First Data’s Class A common stock are expected to begin trading on ...
Ex-Wells Fargo trader beats SEC insider trading charges
September 15th, 2015
A former Wells Fargo & Co trader on Monday was cleared of insider trading charges brought by the U.S. Securities and Exchange Commission after a major appellate decision limited authorities’ ability to pursue such cases. Following a trial before ...
