Securities and Exchange Commission News
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2 hrs ago | Reuters
A private trading venue owned by Citigroup will pay a $5 million penalty to settle charges that it failed to protect customers' data, marking the latest case in a crackdown by U.S. regulators over alleged market rule violations.
3 hrs ago | Reuters
A business unit of Citigroup will pay $5 million to settle civil charges that one of its private trading venues violated federal law by failing to protect its clients' confidential trading data, U.S. regulators said Friday.
8 hrs ago | WTHR-TV Indianapolis
Virginia State Police say two were killed and at least 20 injured when a fierce storm slammed a campground on the state's Eastern Shore.
The Securities and Exchange Commission on Thursday announced a second round of charges against individuals, including two people from South Florida, who were allegedly behind a boiler room scheme.
Yesterday, Cecil Franklin Speight, also known as Frank Speight, pleaded guilty to conspiracy to commit mail fraud and securities fraud for engaging in a conspiracy to steal over three million dollars from investors.
Arthur Krieg was hired to the company just six months ago as senior vice president and chief scientific officer.
Morgan Stanley has agreed to pay $275 million to settle allegations of fraud related to mortgage-backed securities the firm packaged and sold ahead of the financial crisis.
A Darien man who worked as an investment adviser without the proper registration has been barred from the securities industry for 10 years, according to a U.S. Securities and Exchange Commission order issued Wednesday.
A U.S. lawmaker will pressure the U.S. Securities and Exchange Commission on Thursday to consider a raft of reforms, after William Ackman's aggressive efforts to take over Allergan Inc raised concerns about loose rules governing disclosure and shareholder voting.
The parent of Standard & Poor's, which is defending against a $5 billion lawsuit by the federal government over its credit ratings, said on Wednesday it may soon also face U.S. Securities and Exchange Commission charges over another set of ratings.
Standard & Poor's says regulators have told the rating agency they are considering taking civil enforcement action against it over ratings it gave to six deals in 2011 involving securities tied to commercial mortgages.
Also charged are Global Holdings co-founder Robert Dane Freeman, a former N.C. investment advisor, and Charles Lowell Walker, who helped recruit investors.
The U.S. Securities and Exchange Commission has approved a new brokerage industry rule to ban dispute settlements between securities firms and investors that require investors to agree to erase complaints from brokers' public records.
The lawyer for a suspected Nazi war crimes suspect says the 89-year-old Philadelphia man has died while awaiting extradition to Germany.
U.S. investors are used to treating money-market mutual funds as the equivalent of a checking account.
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry - the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors.
Updated: Fri Jul 25, 2014 11:49 am
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