Search Results for: US
Know the Roth 401(k) Rules—Or Get Left Behind
May 23rd, 2014
Behold the Roth 401(k), the retirement savings tactic growing in popularity among younger and more affluent employees, and offered by ever-increasing numbers of employers. Driving the boom are legislative changes in 2006, 2011 and 2012 that expanded use of ...
ASIC bans convicted Victorian finance broker from credit activities
May 23rd, 2014
The Australian Securities and Investments Commission (ASIC), has permanently banned Victorian finance broker, Ms Kieu Thi-Thanh Huynh, from engaging in credit activities after she was convicted of serious fraud offences. Ms Huynh has also been disqualified her from managing ...
German lawmakers back early retirement plan
May 23rd, 2014
German lawmakers have approved a pension-reform package including a much-criticized provision for some people to retire early on full pensions. Germany is raising the retirement age to 67 from 65 but plans, at the insistence of Chancellor Angela Merkel’s ...
AMF updates the list of unauthorised websites offering binary options trading
May 23rd, 2014
The Autorité des Marchés Financiers (AMF) is publishing a new updated list of websites offering binary options trading, for which no authorised investment services provider could be clearly identified. The Autorité des Marchés Financiers (AMF) is once again warning ...
Soft Futures market outlook
May 23rd, 2014
Wheat futures once again started firm, but whether they will end that way… There may be some cause to hope that the trend which set in on Tuesday, of strong starts followed by weak closes, may come to an ...
Euro hits three-month low after German data surprise
May 23rd, 2014
Asian shares hit one-year highs on Friday and bond yields were on track to notch up a broad-based rise on the week, but European markets softened after a closely watched measure of German business confidence came in weaker than ...
KPMG’s audit discovers Portugese bank irregularities
May 23rd, 2014
An audit by KPMG of Portugese financial giant Espirito Santo International (ESI) has found it is in a “serious financial condition”. In a US regulatory filing by its affiliate Banco Espirito Santo, details are revealed about the parlous financial ...
EU Market Rules, Logitech Probe, Finra Fines: Compliance
May 23rd, 2014
Europe’s capital markets are getting a new foundation. The 28-nation European Union’s top markets regulator yesterday made public more than 800 pages of proposed rules that cover everything from high-frequency trading curbs to transparency requirements for bond markets and ...
Hong Kong court rejects EY’s case that China law protects mainland audit papers
May 23rd, 2014
A Hong Kong court on Friday rejected auditor EY’s contention that Chinese law prohibits the mainland partner of the firm previously known as Ernst & Young from passing on documents related to a former China client. The ruling, the ...
Barclays fined £26m by FCA
May 23rd, 2014
The Financial Conduct Authority (FCA), the Bitish regulatory body, has fined Barclays Bank Plc (Barclays) £26,033,500 for failing to adequately manage conflicts of interest between itself and its customers as well as systems and controls failings, in relation to ...
