Topix SEC NewsDespite the summer lull, Korea Development Bank prints well inside its existing curve, prompting a tightening of Korean policy bank sector bonds by 5bp to 10bp.Read full story
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Topix SEC NewsThe company faces $25,000 in financial penalties. The US Securities and Exchange Commission has charged Pinnacle Capital Markets with failing to comply with an anti-money laundering rule.Read full story
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General Motors Co. won\’t send its executives on a worldwide tour, aimed at convincing potential investors to buy its stock, until after the Nov.Read full story
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Topix SEC NewsThe U.S. Securities and Exchange Commission is examining whether high-speed traders helped destabilize equity markets during the May 6 crash by repeatedly placing and canceling orders in an attempt to manipulate share prices, a person with direct knowledge of the inquiry said.Read full story
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Topix SEC NewsCurrent and former executives of credit rating agencies are sworn in during a hearing before the House Oversight and Government Reform Committee on Capitol Hill on Oct.Read full story
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Topix SEC NewsYahoo Inc. is about to lose one of its search advertising partners in South Korea as the Internet company prepares to convert to Microsoft Corp.\’s technology.Read full story
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Topix SEC NewsThe Securities and Exchange Commission on Wednesday sued Stephen Goldfield, the former manager of hedge fund firm Imperium Advisors, alleging he made almost $14 million illegally trading on inside information.Read full story
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Investors who lost money when Bank of America Corp. bought Merrill Lynch without disclosing Merrill\’s problems can start applying to tap a $150 million compensation fund.Read full story
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Topix SEC NewsProposed new U.S. regulations could cost mutual fund companies hundreds of millions of dollars in distribution fees they split with partners.Read full story
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The Securities and Exchange Commission has charged two former senior accounting professionals at headphone maker Koss Corp.Read full story
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Topix SEC NewsAOL just got the official SEC thumbs up to withhold information about its search deal with Google.Read full story
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Federal regulators are moving to make it easier for shareholders to nominate directors of public companies, a major change long sought by investor advocates and buttressed by the new financial overhaul law.Read full story
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Federal regulators say former Countrywide CEO Angelo Mozilo personally approved mortgages for favored borrowers that violated the company\’s policies and lending standards.Read full story
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Federal regulators say two Spanish investors made illegal profits of $1.1 million by trading on secret information about BHP Billiton PLC\’s bid to acquire Potash Corp.Read full story
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Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, stands at the witness table before the start of a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington, D.C. WASHINGTON a \’ The government says former Countrywide CEO Angelo Mozilo personally approved mortgages for favored borrowers that …Read full story
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Topix SEC NewsBryan A. Scott, President and CEO of Metiscan, Inc., commented, \”Our SEC Counsel has advised us that our Registration Statement on Form S-1 was filed with the SEC and that the review and comment period has begun.Read full story
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Topix SEC NewsCerberus ABP Investors, an affiliate of Cerberus Capital Management, has announced in a July 22 filing with the Securities and Exchange Commission that it intends to make a tender offer for all of the outstanding publicly held shares of BlueLinx Holdings Inc.Read full story
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Michael T. Duke, CEO of Wal-Mart Stores Inc., was the highest-paid public company executive in Arkansas in the most recent fiscal year.Read full story
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Topix SEC NewsThe billionaire Wyly brothers of Dallas have broken their silence about the massive securities fraud suit against them, and they\’re taking a defiant tone.Read full story
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Topix SEC NewsJon in Tacoma has been thinking that commodity funds might diversify his portfolio in these tough economic times, putting him into hard assets or real assets that are not a part of the standard mutual fund.Read full story
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Tesla Motors \”founder\” Elon Musk has a propensity for boasting about his electric car business, but the company\’s latest SEC filing shares the risks he doesn\’t like to talk about, including having the Roadster\’s advertised range cut 30%. Musk, now the CEO of a publicly traded company, has turned doubt about Tesla \’s viability into […]
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The Justice Department\’s unprecedented campaign to enforce a once-backwater statute called the Foreign Corrupt Practices Act, or FCPA, has made corporate lawyers and accountants rich as big companies pay big law and accounting firms to investigate and defend potential violations.Read full story
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New York hedge fund manager Eric Rosenfeld has been classed among the nation\’s \”wolf pack\” of activist shareholders.Read full story
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Topix SEC NewsThe world\’s largest pharmaceutical companies are facing a corruption investigation in the United States over claims that the hospitality lavished on those who prescribe their treatments could constitute bribery.Read full story
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Topix SEC NewsJohnson & Johnson disclosed Wednesday that the health products giant has now received multiple subpoenas from federal prosecutors related to repeated recalls of Tylenol and other consumer health products.Read full story
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Topix SEC NewsThe Securities and Exchange Commission has had a rough decade. The scandals that ensnared companies including Enron, MCI, and Adelphia-which led to the demise of the accounting Arthur Andersen - resulted in the Sarbanes-Oxley Act of 2002.Read full story
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Topix SEC NewsCVB Financial Corp. Chief Financial Officer Edward Biebrich postponed his retirement to help the California bank deal with a Securities and Exchange Commission investigation.Read full story
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Topix SEC NewsNew York City American Apparel has informed the Securities and Exchange Commission that it will miss its filing deadline.Read full story
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Topix SEC NewsFund industry observers are lobbing new criticism at regulators\’ recent efforts to limit mutual-fund sales fees, already under fire for being too weak.Read full story
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MCSi\’s former chief executive officer pleaded guilty in United States District Court in Cincinnati to conspiracy, securities fraud and money laundering for improperly reporting company revenues as part of a scheme to inflate the companya s stock price, according to a report in the Dayton Business Journal.Read full story
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Topix SEC NewsInvestors have easy access to critical information about individuals who work for money management, financial planning and other investment advisory firms through an enhanced Investment Adviser Public Disclosure website launched on Wednesday.Read full story
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Topix SEC NewsLocally operating Harley-Davidson said it received a \”nominal consideration\” of 3 euros, or about $3.98, for its former Italian motorcycle subsidiary MV Agusta, which has been sold to its former owners.Read full story
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The Securities and Exchange Commission is looking at such mechanisms as price collars and limits on upward or downward movements in a stock in a single day, in the wake of the May 6thr \”flash crash.\” \”We are considering … whether other steps are appropriate to reduce the risk of sudden disruptions and clearly erroneous […]
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Financial advisers are watching nervously and defending their value to Canadians as three other nations prepare to outlaw or curb what is, for most, their primary source of income.Read full story
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Topix SEC NewsCVB Financial Corp. shares rose Wednesday after the California lender said it\’s buying back its shares in the wake of a 22% slump Tuesday.Read full story
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Topix SEC NewsThe Securities and Exchange Commission is divided over when to seize pay from executives who unwittingly benefit from accounting fraud, a rift that has triggered internal disagreements over cases, according to people with direct knowledge of the matter.Read full story
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Topix SEC NewsDemand Media , the publishing company that achieved both impressive revenues and industry notoriety for its business model of fast, cheap content, is planning to go public.Read full story
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Topix SEC NewsNuPathe Inc. became the second local life sciences company to go public this year when its stock began selling Friday at $10 per share.Read full story
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Topix SEC NewsTwo American tobacco companies are paying nearly $30 million to settle charges that they bribed foreign officials to get lucrative overseas tobacco sales contracts.Read full story
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A ruling in a Securities and Exchange Commission subprime case could limit the agency\’s latitude to keep secrets.Read full story
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August 3, 2010, 04:15 PM - - Two labor unions have asked Dell shareholders to withhold their votes for Chairman and CEO Michael Dell to remain as a director on the company\’s board following a US$100 million accounting practices settlement the company made with the U.S. Securities and Exchange Commission.Read full story
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Topix SEC NewsThe U.S. Securities and Exchange Commission wants to get rid of stubs — orders placed well off the market price of stocks, many of which were executed in the May \”flash crash\” — and the issue is a top priority, said three people familiar with the plan.Read full story
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Robert Gulack confirmed Monday that he has ended his candidacy in the Bergen County freeholders race.Read full story
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Topix SEC NewsAt least six law firms have announced they intend to investigate whether the directors of BlueLinx Co.Read full story
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Topix SEC NewsFederal Home Loan Bank of Atlanta today released unaudited financial highlights for the quarter ended June 30, 2010.Read full story
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Born during the Depression in a Louisiana plantation town of 3,000, Charles Wyly and his younger brother, Sam, have been inseparable since childhood: numbers 3 and 13 on the state-championship high school football team, business partners who turned ideas into billion-dollar companies, philanthropic champions and benefactors of politicians, …Read full story
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Published: Sunday, August 1, 2010 at 6:01 a.m. Last Modified: Sunday, August 1, 2010 at 5:09 a.m. PICTURE a tiny hole in the hull of a ship on a long ocean voyage.Read full story
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Two local accountants alleged to have bilked investors of more than A $2 million in a Ponzi scheme reached an agreement with lawyers from the U.S. Securities Exchange Commission for some financial relief from a court-ordered asset freeze earlier this week.Read full story
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Topix SEC NewsThey were kids when the collapsed economy forced the surrender of the family cotton farm in Lake Providence, La.Read full story
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Topix SEC NewsDell has reached a settlement with the U.S. Securities and Exchange Commission over an investigation into the company\’s accounting and financial reporting practices.Read full story
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Topix SEC NewsAny industry has its bad apples, and the brokerage industry is no exception. While most investment professionals are honest, there are always people who will take advantage of people when given the chance — especially when it comes to money.Read full story
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Citigroup is to pay $75m to the US Securities and Exchange Commission to settle charges the bank misled investors about its exposure to sub-prime mortgages by more than $37bn at the start of the global financial crisis.Read full story
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Topix SEC NewsSamuel and Charles Wyly, the billionaire brothers from Dallas who are large donors to philanthropies and to conservative causes, were charged Thursday with conducting an extensive securities fraud that the Securities and Exchange Commission said reaped $550 million in undisclosed gains.Read full story
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A botched share swap last month in which 10 times more US Bancorp shares were issued than planned, angering and confusing investors, led the NYSE on Tuesday to cancel three days of trades in the stock.Read full story
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Topix SEC NewsWith powerful senators watching closely, federal investigators search high and low for evidence of insider trading in shares of Microsoft.Read full story
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Topix SEC NewsBP says the Securities and Exchange Commission and the Justice Department are conducting informal inquiries into securities matters arising from the Gulf oil spill.Read full story
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Topix SEC NewsBP says the Securities and Exchange Commission and the Justice Department are conducting informal inquiries into securities matters arising from the Gulf oil spill.Read full story
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Chief among financial advisers\’ concerns is that by pushing more fund companies and advisers away from selling C shares, the proposal, if passed in its current form, would result in fewer choices for investors and ultimately make it more difficult for small investors to gain access to advice.Read full story
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Topix SEC NewsBoston\’s Putnam Investments, the nation\’s fifth largest mutual fund company, is a core target of the latest episode of financial scandals that has centered on the $7 trillion mutual fund industry, though it had emerged seemingly unscathed from the scandals that engulfed the rest of the financial world.Read full story
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Topix SEC NewsDell , several former executives, and its founder, Michael S. Dell , agreed Thursday to pay more than $100 million in penalties to settle charges of disclosure accounting fraud filed by the Securities and Exchange Commission .Read full story
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Topix SEC NewsWhen President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act last week he was putting his approval on a controversial piece of legislation that will have a sweeping impact on the financial services industry.Read full story
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On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law.Read full story
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Topix SEC NewsA former syndicated talk radio host accused by the Securities and Exchange Commission of promoting a Ponzi scheme has filed a $42 million lawsuit against the Star Tribune in Minneapolis, the St.Read full story
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Topix SEC NewsThe U.S. Securities and Exchange Commission gave initial approval Wednesday to a proposal to limit ongoing sales charges from mutual funds and require them to disclose that certain fees charged to investors are for marketing purposes.Read full story
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The Securities and Exchange Commission plans to revamp fees that most mutual funds charge to cover sales and distribution costs.Read full story
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Topix SEC NewsNestled in the 2,300 pages of the new law that reshapes the U.S. financial landscape is a change affecting credit rating agencies, which were accused of helping cause the 2008 crisis.Read full story
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Topix SEC NewsChanges to mutual-fund fees that could benefit investors were approved by securities regulators on Wednesday.Read full story
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Incorporates BC-USSEC-Congress. Will be updated. This stor9 is par4 of AP\’s general news and financial services.Read full story
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The fight over where the new securities regulator\’s office should be must not impede the end result of investor trust Boyd Erman Published on Tuesday, Jul.Read full story
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Topix SEC NewsOil and gas are leaking from the cap on BP\’s ruptured oil well but retired Coast Guard Adm.Read full story
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Topix SEC NewsThe head of the Securities and Exchange Commission is appearing before Congress days after the passage of sweeping financial regulation that gives the agency new powers and a landmark settlement of civil fraud charges with Goldman Sachs & Co.Read full story
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Days after Goldman Sachs agreed to pay $550 million to settle securities fraud claims, Fabrice P. Tourre , a midlevel employee of the bank, filed a 13-page reply categorically denying the charges against him and sought dismissal of the case, Louise Story of The New York Times reports .Read full story
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Scraping together enough coin to win the annual luncheon auction with Warren Buffett is probably beyond the means of most investors.Read full story
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Topix SEC NewsSecurities regulators on Wednesday weighed whether to change voting in corporate elections, amid calls from companies to fix a system they consider broken and antiquated.Read full story
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Topix SEC NewsEMBED Varney falsely claims \”this new financial regulation bill\” does not address insurance, credit-rating agencies \”at all\” Varney: Rating agencies and insurance \”are not part at all of this new financial regulation bill — not part of it at all.\” After warning that \”you never know what form the next crisis is going […]
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Topix SEC NewsLHC Group, Inc. , a national provider of home health and hospice, announced today that it has received a request from the Securities and Exchange Commission to preserve all documents relating to the Company\’s Medicare reimbursement practices.Read full story
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Goldman Sachs Group Inc., accused by the U.S. government of defrauding investors, is generating better returns for companies and buyers of initial public offerings than any other Wall Street firm.Read full story
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Topix SEC NewsU.S. investment bank Goldman Sachs Group Inc is likely to ask for more time to respond to the fraud lawsuit filed on April 16 by the U.S. Securities regulator, the New York Post reported, citing sources.Read full story
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Securities and Exchange Commission Chairman Mary Schapiro said in a speech on Friday that she personally backs a blanket fiduciary standard for advisors.Read full story
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Topix SEC NewsA man whose El Segundo real estate investment firm swindled $14.5 million from investors in an illegal Ponzi scheme was sentenced Monday to 6 1/2 years in prison.Read full story
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Topix SEC NewsA Bank of America branch in Chicago, Ill. In March, I asked Bank of America about allegations that it was manipulating its balance sheet using tactics akin to Lehman Brothers\’ \”Repo 105\” — an accounting maneuver that Lehman had used to move assets off its balance sheet and hide its risks.Read full story
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Topix SEC NewsAdvanced Environmental Recycling Technologies , the Springdale, Ark. makers of ChoiceDek, has formally ended its Lowea s distribution agreement with Weyerhaeuser, according to a July 8 filing with the Securities and Exchange Commission .Read full story
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Topix SEC NewsAlpharetta-based software company Agentek Inc. raised $1 million, according to Securities and Exchange Commission filing.Read full story
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Robert Herz, of the Financial Accounting Standards Board , speaks to members of the press at the Securities and Exchange Commission headquarters in Washington, D.C. on June 27, 2007, as SEC Chairman Christopher Cox listens at right.Read full story
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The Securities and Exchange Commission has sued William Mortensen , the former CFO of Advanced Materials Group , with allegedly fraudulently inflating AMG\’s publicly reported financial results over multiple quarters in 2008 and 2009.Read full story
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Topix SEC NewsRead the Original Article at Wall Street & Technology U.S. regulators are still trying to ferret out what caused the Dow Jones industrial average to mysteriously drop nearly 700 points in minutes before sharply recovering, the chairman of the Securities and Exchange Commission said.Read full story
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Topix SEC NewsMissouri Senator Claire Mccaskill wants to know if anybody at the Securities and Exchange Commission has been fired for looking at porn.A Back in the beginning of the summer it was revealed that several employees of the Government Financial Regulation Organization were looking at sexual content online, dating back to the financial meltdown […]
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The top U.S. securities regulator wants more feedback on its nearly year-old proposal to ban \”flash orders,\” and has asked additional questions about the wisdom of the ban in the options market.Read full story
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Topix SEC NewsThe test run of a market-wide circuit breaker instituted last month by the U.S. Securities and Exchange Commission has been well-received across Wall Street, but could it open a Pandora\’s Box of rogue behavior as currently constructed? The test run of a market-wide circuit breaker instituted last month by the U.S. Securities and […]
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Topix SEC NewsTravel accessories, handbag and gift manufacturer Vera Bradley Inc. plans to start selling stock as a public company.Read full story
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Topix SEC NewsDavid Tepper\’s shop agrees to $1.3 million settlement after breaking the rules during a Wells Fargo shorting maneuver back in November 2008.Read full story
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Topix SEC NewsKohlberg Kravis Roberts & Co is moving closer to gaining its long-sought New York Stock Exchange listing, with a filing expected as early as Tuesday which should detail compensation for top executives at the private equity firm, a source familiar with the situation said.Read full story
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Article by Angelo Lercara, Kher Sheng Lee, Angelyn Lim, Jennifer Wood, Edward Pittman, Wendy Robbins Fox, Maggie Hau, Janice Houghton and Jeanette Wingler In response to a financial crisis of historic proportions, regulators around the world adopted short-term emergency measures in 2008, frequently involving restrictions on short selling of …Read full story
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Main Category: Medicare / Medicaid / SCHIP Also Included In: Caregivers / Homecare Article Date: 05 Jul 2010 The Wall Street Journal : Amedisys and Almost Family, two home health care companies, said Thursday that they are the focus of a Securities and Exchange Commission investigation into their Medicare reimbursement practices, one month after …Read […]
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If you\’re looking for justice in the Gulf of Mexico oil disaster, you\’re likely to be disappointed.Read full story
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Topix SEC NewsBy Peter Egwuatu & Providence Obuh In a bid to efficiently manage its Fund and to protect the interest of unit holders, Union Homes Real Estate Investment Trust Fund has established an investment committee members to drive the process of its operations.Read full story
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Earlier this year, Helix Energy Solutions Group, Inc. announced the engagement of advisors to evaluate strategic alternatives for a potential divestment of its oil and gas business.Read full story
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Pop quiz: Name the person who doesn\’t belong in the category of Tough Lady Sheriffs Who Scare the Bejesus Out of Wall Street.Read full story
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Topix SEC NewsThe U.S. Court of Appeals for the Second Circuit has issued an opinion giving attorneys and law firms significant protections from claims that they are liable as \”secondary actors\” for false statements they allegedly created for use in their client\’s public offering documents.Read full story
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Topix SEC NewsA prosecutor best known for putting terrorists behind bars is about to take on one of the biggest challenges of his career - proving Goldman Sachs committed fraud.Read full story
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