Search Results for: legal
RBI on bitcoin: Closely monitoring crowdfunding space, crypto currencies
August 27th, 2015
Reserve Bank Governor Raghuram Rajan today said it is closely monitoring the crowdfunding space to check if it poses any concerns, while it also called for an active “market intelligence” mechanism on crypto currencies. Reserve Bank Governor Raghuram Rajan today said ...
Tradition: H1 2015 Results
August 27th, 2015
Operating profit up 35.6% to CHF 35.9m Increase of net profit Group share of 36.7% to CHF 21.8m Focus on Group performance management Overview The Group faced a varying market environment in the first six months of 2015. Activity ...
Ex-Merrill Lynch Broker Ordered to Pay Restitution for Insider Trading
August 26th, 2015
Scheme used offshore brokerage account to make trades based on Qualcomm inside information A former Merrill Lynch broker was ordered to pay $1.4 million in restitution to the brokerage on Tuesday for his role in an insider-trading scheme involving ...
China probing brokers, regulators for possible stock crimes
August 26th, 2015
Employees of one of China‘s biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price ...
SEC Charges Former Investment Bank Analyst and Two Others With Insider Trading in Advance of Client Deals
August 26th, 2015
The Securities and Exchange Commission today charged a former investment bank analyst with illegally tipping his close friend with confidential information about clients involved in impending mergers and acquisitions of technology companies. The SEC also charged his friend and ...
OTC Markets Group Expands Relationship with QUODD Financial Information Services
August 25th, 2015
QUODD now offers OTC Markets Group’s Level 1+ and Level 2+ market data via data feed to its customers OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced the expansion of its relationship ...
Baker & McKenzie announces global revenues of $2.43 billion
August 25th, 2015
Revenues up 2.2% Total productivity hits an all time high – up 5% Record number of partner promotions – over 40% are women Good growth expected in Fiscal Year 2016 Baker & McKenzie, the world’s premier global law firm, ...
U.S. banks moved billions in trades beyond CFTC’s reach
August 24th, 2015
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris ...
ASIC publishes third report on corporate finance regulation
August 21st, 2015
ASIC has today published its third report on the regulation of corporate finance issues in Australia. The report, which covers the period January to June 2015, provides companies and their advisers with insights into ASIC’s regulatory approach in the ...
Law firms given platform to share cyber threat information
August 21st, 2015
Over 180 law firms including Davis Polk & Wardwell have applied to join the platform, which will be known as the Legal Services Information Sharing and Analysis Organization. The organisation will run in parallel to the Financial Services Information ...
