Search Results for: sec
CySec: Renouncement of CIF licence
September 4th, 2014
The Cyprus Securities and Exchange Commission (CySec) announced that, on 22nd August 2014, the CIF “Jiffix Markets Ltd“, which provided investment services via the domain www.jfx.com, renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and ...
Second Trial Approaching for Rowland, Ex-Connecticut Governor
September 3rd, 2014
The accusations are similar. The judge will be different. The last time John G. Rowland, the former governor of Connecticut, appeared at the federal courthouse here as a defendant in a criminal corruption trial, he received a sentence of ...
China’s Services Sector Rebounds in August
September 3rd, 2014
China‘s services sector expanded at its strongest pace in 17 months in August, as new business rebounded after a sharp slowdown in July, surveys showed on Wednesday. The services purchasing managers’ index compiled by HSBC/Markit jumped to 54.1 in ...
U.S. SEC charges Houston adviser with not disclosing fund payments
September 3rd, 2014
A Houston-based investment advisory firm steered clients to certain mutual funds without disclosing that it was receiving payments from the broker who offered those funds, the U.S. Securities and Exchange Commission alleged in a civil fraud complaint on Tuesday. ...
Second Alibaba IPO in Rally
September 2nd, 2014
Jack Ma knows how to time an initial public offering. The 49-year-old former school teacher preparing to list Alibaba Group Holding Ltd. during a record rally for U.S. stocks did the same thing seven years ago, when Alibaba.com Ltd. ...
SEC gives $300,000 Whistleblower Award to Internal Auditor
September 1st, 2014
For the first time, the Securities and Exchange Commission is rewarding a corporate whistleblower whose actual job it is to blow the whistle on a company’s internal missteps. The Securities and Exchange Commission (SEC) announced that it would provide a ...
SEC Shelves Plan for Private Asset-Backed Bond Disclosure
August 28th, 2014
The U.S. Securities and Exchange Commission, while expanding disclosure requirements for one set of asset-backed securities, has stepped back from a plan to shed more light on a major part of the market. The five SEC commissioners unanimously approved ...
SEC Charges Investor Relations Firm Executive
August 27th, 2014
The Securities and Exchange Commission (SEC) has charged a director of market intelligence at a Manhattan-based investor relations firm with insider trading ahead of impending news announcements by more than a dozen clients. The charges were filed against Michael ...
SEC Announces Pilot Plan to Assess Stock Market Tick Size Impact for Smaller Companies
August 27th, 2014
The Securities and Exchange Commission (SEC) today announced that the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) filed a proposal to establish a national market system plan to implement a targeted 12-month pilot program that will ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
August 25th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec licence for CIF (Cyprus Investment Firms): AAA Trade Ltd LEON MFO Investments Ltd R Capital Solutions ...
