Topix SEC NewsA phone call to the New York Stock Exchange from an investor worried that he’d just been duped helped spark a chain of events early last week that led U.S. authorities to file fraud charges against a Kuwaiti financier, who was later found dead in his home.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsThe Securities and Exchange Commission plans to recommend insider trading charges be filed against Kenneth Compton, president and chief executive officer of Spartanburg-based payday lender Advance America, Cash Advance Centers, Inc.Read full story
Filed under: SEC News | No Comments »
It’s been almost 24 hours since the Securities and Exchange Commission said it would make permanent a rule put in place as an emergency backstop that aims to curb so-called naked short-selling, or selling short a security without first borrowing it, as well as boost disclosure rules related to short sales.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsInvestors are still building on a stock market rally even when the news isn’t all great.Read full story
Filed under: SEC News | No Comments »
A U.S. District Court judge on Friday will weigh whether the court-appointed receiver overseeing the financial empire of Allen Stanford can recoup $925 million from investors who bought certificates of deposit in the accused swindler’s Antigua bank.Read full story
Filed under: SEC News | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
FINRA staff discuss the FTC’s Red Flags Rule and introduce a new template that firms can use to set up an identity theft prevention program. Hosts: Patricia Albrecht and John Komoroske; Producer: Kenneth Edward Piner.Read full story
Filed under: FINRA News | No Comments »
FINRA Chairman and CEO Rick Ketchum discusses regulatory reform and why independent regulation is more relevant than ever. Producer: Kenneth Edward Piner.Read full story
Filed under: FINRA News | No Comments »
Eds: APNewsNow. Moving on general news and financial services. The Securities and Exchange Commission says about 440 investors were defrauded of $50 million in a Ponzi scheme run in the Detroit area.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsLOS ANGELES Adhesive label maker Avery Dennison Corp. on Tuesday settled a case that accused it of promising or making improper payments to foreign officials.Read full story
Filed under: SEC News | No Comments »
A lawyer for victims of Bernard Madoff’s Ponzi scheme says the financier told him during a 4 1/2-hour prison interview plenty of details about the fraud, including how it took place and how securities regulators missed catching him.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsThe U.S. House Financial Services Committee approved legislation that would let regulators ban incentive pay at banks and give shareholders a vote on bonuses in response to public outrage over Wall Street pay.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsThe Nasdaq Stock Market supports a ban on so-called “flashes,” order types that it and other stock-trading venues send to a select group of traders fractions of a second before revealing them publicly, Senator Charles Schumer said on Tuesday.Read full story
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
A federal judge in California has given Medical Capital Holdings, a secured lender to the healthcare industry, until July 23 to file an opposition to a Securities and Exchange Commission motion for a temporary restraining order following allegations that the company engaged in a multimillion dollar offering fraud.Read full story
Filed under: SEC News | No Comments »
Purveyors of fixed annuities scored a legal victory as U.S. Court of Appeals for the D.C. Circuit ruled against the Securities and Exchange Commission in a case involving a controversial rule.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsThe U.S. Securities and Exchange Commission said Monday that it has settled charges against TD Ameritrade, Inc.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsSenator Charles Schumer, D-N.Y., has warned the Securities and Exchange Commission that if it does not curb the practice of flash orders, which give traders at large financial firms with high-speed computers a brief advantage over other market participants, he will move to sponsor legislation to limit their use.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsAccountancy audited company it had invested in; SEC none too pleased. Elsewhere: Aurora’s ex-CFO gets jail time, and Chainsaw Al agrees to pay Sunbeam shareholders $15 million.Read full story
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
This podcast, the audio version of a FINRA webcast, describes anti-money laundering due diligence requirements for working with foreign correspondent accounts. Hosts: Patricia Albrecht and Alma Angotti; Producer: Kenneth Edward Piner.Read full story
Filed under: FINRA News | No Comments »
Topix SEC NewsJul 17, 2009 - Pfizer Inc today announced that the European Commission has approved under the European Union Merger Regulation the company’s pending acquisition of Wyeth.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsA U.S. securities industry lobbying group said on Friday it supports a proposal by the Obama administration to hold brokers to a higher standard for protecting clients’ interests when giving investment advice.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsThe Securities and Exchange Commission has sent a a oewish lista of 42 changes it would like made to federal securities law.Read full story
Filed under: SEC News | No Comments »
The United States Securities and Exchange Commission, the federal agency to regulate the securities industry in that country, has sought Indiaa s permission to probe the multi-million dollar Satyam fraud case.Read full story
Filed under: SEC News | No Comments »
Morgan Stanley on Monday agreed to pay a $500,000 penalty to settle federal regulators’ charges that it misled customers in its Nashville office about the money management firms it recommended and from which it received commissions.Read full story
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
FINRA staff discuss sales practice obligations relating to non-traditional exchange-traded funds, known as ETFs. Hosts: Angela Goelzer and Tom Pappas; Producer: Kenneth Edward Piner.Read full story
Filed under: FINRA News | No Comments »
A large group of investors with $3 trillion in securities assets and former top regulators on Wednesday released a report attacking the White House’s proposal to give the Federal Reserve more power as part of a massive regulatory restructuring under consideration on Capitol Hill.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsRegions Financial Corp.’s investment banking subsidiary, Morgan Keegan & Co., received a Wells notice related to “certain mutual funds formerly managed” by the brokerage.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsU.S. regulators on Wednesday filed civil charges for insider trading against 11 people, including a 26-year-old former Goldman Sachs Group Inc investment banking analyst accused of leaking confidential merger information to his brother.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsFederal regulators today proposed tightening rules governing disclosures about municipal securities to aid investors in a multitrillion-dollar market used to finance schools, roads and hospitals around the country.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsThe Obama administration has sent legislation to Congress that would bring hedge funds and other private pools of capital under government supervision.Read full story
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Revisit the latest Notices, compliance resources and news from April 2009. Hosts: Kenneth Edward Piner and Kristy Salsbury. Producer: Kenneth Edward Piner.Read full story
Filed under: FINRA News | No Comments »
Revisit the latest Notices, compliance resources and news from June 2009. Hosts: Kenneth Edward Piner and Michelle Volpe-Kohler. Producer: Kenneth Edward Piner.Read full story
Filed under: FINRA News | No Comments »
The final installment of this five-part series focuses on priorities related to financial and operational compliance, and how they relate to clearing, carrying and all other firms. Hosts: Janet Marsh and Dan Sibears; Producer: Kenneth Edward Piner.Read full story
Filed under: FINRA News | No Comments »
The following editorial appeared in the San Jose Mercury News on Tuesday: - - - With a 150-year prison sentence Monday, Bernard Madoff got what he had coming to him - and certainly more than enough to guarantee that the 71-year-old master swindler will die in prison, not in the Hamptons.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsNebraska regulators have ordered an Omaha investment adviser to quit violating state securities laws and appear at a hearing to defend his practices.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsFormer press lord Conrad Black should not be freed on bail while appealing to the U.S. Supreme Court his conviction for defrauding shareholders in his Hollinger International media empire, prosecutors said Monday.Read full story
Filed under: SEC News | No Comments »
R. Allen Stanford , who the U.S. accuses of leading a $7 billion securities fraud, told a federal judge the criminal case against him should be thrown out if he doesna t get access to money to pay his lawyers.Read full story
Filed under: SEC News | No Comments »
The Obama administration needs to move quickly on a promised shake-up of the Securities and Exchange Commission after the US financial watchdog failed to spot the illegal activities of jailed fraudster Bernie Madoff - a scandal that has dented confidence in the investment industry.Read full story
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
This podcast, the fourth in a five-part series on examination priorities, focuses on market regulation topics. Hosts: Janet Marsh and Dan Sibears; Producer: Kenneth Edward Piner.Read full story
Filed under: FINRA News | No Comments »
ADVENTRX Pharmaceuticals, Inc. announced today that it has obtained a commitment to purchase shares of its 5% Series B convertible preferred stock pursuant to a registered direct offering to a single institutional investor, representing gross proceeds of approximately $1.36 million.Read full story
Filed under: SEC News | No Comments »
The Securities and Exchange Commission is seeking to permanently freeze the assets of a California financier accused of bilking investors until his fraud trial is over.Read full story
Filed under: SEC News | No Comments »
Topix SEC NewsThe Securities and Exchange Commission says an Omaha investment adviser improperly charged at least $773,000 in fees to clients since last August, and about $250,000 remains missing.Read full story
Filed under: SEC News | No Comments »
Monday brought some closure to Bernard Madoff’s victims, who were swindled out of $65 billion in the largest recorded financial fraud - a scheme that was exposed in part because the plummeting stock market led investors to demand repayment of money that was long gone.Read full story
Filed under: SEC News | No Comments »
Former Qwest CEO Joseph Nacchio asked a judge Tuesday to decide in his favor in a Securities and Exchange Commission lawsuit, saying the company’s stock plunge was the result of a telecommunications industry meltdown, not financial fraud.Read full story
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »