Search Results for: sec
SEC Halts Ongoing Fraudulent Stock Scheme
July 25th, 2016
The Securities and Exchange Commission today announced it has won a court-ordered asset freeze to halt an ongoing fraud by two former brokers with disciplinary histories who allegedly raised more than $5 million from investors without using the money ...
The Secret History of Pokémon GO: How was Pokémon GO created?
July 18th, 2016
Whether you love it or loathe it, you’ve got to admit that the Pokémon GO craze is more than a bit fascinating – and the secret history of how it was created may be the most interesting thing about ...
Investment advisory firm agreed to pay $300,000 to settle SEC charges
July 15th, 2016
The Securities and Exchange Commission today announced an enforcement action against an investment advisory firm that failed to properly prepare clients for additional transaction costs beyond the “wrap fees” they pay to cover the cost of several services bundled ...
CySec commences its Web Portal for submission of digitally signed documents to the Commission
July 14th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a circular to inform regarding the commencement of its Web Portal. According to CySec’s release, through the Commission’s Web Portal, the Regulated Entities can submit digitally signed documents/forms/letters to the Commission. ...
BlackRock Reports Second Quarter 2016 financial results
July 14th, 2016
AUM of $4.9 trillion, up 4% year-over-year and 3% sequentially $2 billion of long-term net inflows in the second quarter of 2016, and $126 billion over the last twelve months, demonstrate strength of diversified business model 2% decline in base fees year-over-year, driven ...
SEC: Citigroup agreed to pay a $7 million penalty in relation with information of trades it executed
July 13th, 2016
The Securities and Exchange Commission today announced that Citigroup Global Markets has agreed to pay a $7 million penalty and admit wrongdoing to settle charges that a computer coding error caused the firm to provide the agency with incomplete ...
SecondMarket, Inc. and Bitcoin Investment Trust (BIT) Settle Charges
July 12th, 2016
SecondMarket, Inc. and Bitcoin Investment Trust (BIT) Settle Charges Relating to Unlawful Redemptions of BIT Shares during a Continuous Distribution The Securities and Exchange Commission announced that SecondMarket, Inc., a New York broker-dealer registered with the Commission, and Bitcoin Investment Trust (BIT), a ...
New Cyprus Investment Firm authorised by CySec
July 12th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “New Vault Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
CySec imposed an Administrative Fine of €138.000 on a Cyprus Investment Firm
July 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on June 06, 2016, the Commission decided to impose a total administrative fine of €138.000 to the CIF B.O. Tradefinancials ...
CySec: the authorisation of a Cyprus Investment Firm has lapsed
July 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that: On 30th of October 2015, the CIF authorisation of «Myfxbook Ltd» with number 255/14 has lapsed, pursuant to section 24(1)(a) of the Investment Services and Activities and ...
