Search Results for: U.S. regulator
SEC Charges Firms Involved in Layering, Manipulation Schemes
March 13th, 2017
The Securities and Exchange Commission today announced fraud charges against a Ukraine-based trading firm accused of manipulating the U.S. markets hundreds of thousands of times and the New York-based brokerage firm and CEO who allegedly helped make it possible. ...
Oil prices fell in Asian trade on Monday
March 6th, 2017
Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid worries lower growth targets in China could cut oil demand and ongoing concern over Russia’s compliance with a global deal ...
Apple’s U.K. Suit Against Qualcomm Adds to Global Patent War
March 3rd, 2017
Lawsuit filed Thursday cites claim on patents and designs Apple says Qualcomm unfairly charges royalties for technology Apple Inc. sued Qualcomm Inc. in a U.K. court, adding to lawsuits across the globe in a sprawling battle over patents and ...
CBOE Holdings Announces Close of Acquisition of Bats Global Markets
March 1st, 2017
CBOE Holdings, Inc. (NASDAQ: CBOE) today said the company completed its acquisition of Bats Global Markets, Inc. (Bats: BATS) on Tuesday, February 28, in a cash and stock transaction valued at approximately $3.4 billion (based on the closing price ...
Dow Jones acquires RiskAverter
February 28th, 2017
Dow Jones Risk and Compliance, a leading provider of anti-money laundering, anti-corruption and sanctions compliance data solutions, has completed the acquisition of RiskAverter from U.S.-based Compliance Strategies International, LLC. RiskAverter’s innovative solution enables companies to automate risk “scoring” so ...
SEC Staff Issues Guidance Update and Investor Bulletin on Robo-Advisers
February 25th, 2017
The Securities and Exchange Commission today published information and guidance for investors and the financial services industry on the fast-growing use of robo-advisers, which are registered investment advisers that use computer algorithms to provide investment advisory services online with ...
CBOE issued a press release to inform for the acquisition of Bats Global Markets
February 17th, 2017
Transaction Has Received Final Remaining European Regulatory Approval Three Bats Directors to Join CBOE Holdings Board Election Deadline for Bats Stockholders Set for February 24 CBOE Holdings, Inc. (NASDAQ: CBOE) and Bats Global Markets, Inc. (Bats: BATS) announced today ...
Hong Kong police struggle to stop brokerage hacking spree
February 16th, 2017
Hong Kong police are struggling to deal with digital pump-and-dump schemes targeting brokerages – a little-known type of computer-generated fraud that surged in the Chinese territory last year. Although the money involved was small – only about $20 million ...
SEC is freezing brokerage accounts holding more than $29 million in illegal profits
February 13th, 2017
SEC Charges Chinese Citizens Who Reaped Massive Profits From Insider Trading on Comcast-Dreamworks Acquisition Obtains Court Order Freezing More Than $29 Million in U.S. Accounts The Securities and Exchange Commission announced that it obtained an emergency court order freezing brokerage ...
Oden Capital Management ordered to Pay a $100,000 Penalty
February 10th, 2017
CFTC Orders John B. Oden and His Company, Oden Capital Management, LLC, to Pay a $100,000 Penalty for Failure to Register with the CFTC and Failure to Comply with Certain Pool Operator Requirements The U.S. Commodity Futures Trading Commission ...
