sec
SEC Charges Unregistered Broker-Dealer Partners of Global Fixed Income
- Global Fixed Income had effectively hired 21 unregistered broker-dealers to buy billions of dollars worth of newly issued bonds illegally between July 2009 and June 2012, promoting a $5 million settlement with the SEC.
Thursday, 26/03/2015 | 17:55 GMT by
Victor Golovtchenko
New US SEC Rule to Target HFT Proprietary Trading Shops
- The U.S. financial regulator is proposing a new rule requiring active broker-dealers trading off-exchange products to become members of a national securities association, thereby enhancing regulatory oversight.
Thursday, 26/03/2015 | 11:10 GMT by
Victor Golovtchenko
Missouri Man Fined $30K Plus Disgorgement for Selling Stakes in Mining Earnings
Wednesday, 11/03/2015 | 12:51 GMT by
Leon Pick
Alpari UK Depositors Reassured while US Investigates Last-Look Practice
- Alpari UK depositors to be compensated up to £50,000, GAIN Capital's post-acquisition earnings, forex trading dangers, FastMatch offering free brokerage to certain clients and a last-look probe in this week's roundup.
Sunday, 08/03/2015 | 13:40 GMT by
Kenny Mariasin
American Authorities Are Having a Look at Banks'"Last Look"
- The U.S Justice Department and the Securities and Exchange Commission are investigating Barclays Plc over the procedure of last look allowing the bank to requote orders at the expense of its clients.
Tuesday, 03/03/2015 | 22:18 GMT by
Avi Mizrahi
Purported Venture Capital Fund Manager Charged By SEC with Fraud
- Operating in a Ponzi-like fashion, Gregory Gray Jr. and his firms, Archipel Capital LLC and BIM Management LP, have allegedly defrauded a number of investors who were supposedly purchasing Twitter and Uber shares.
Saturday, 28/02/2015 | 14:29 GMT by
Victor Golovtchenko
Former ConvergEx CEO Craig Lax Settles with the SEC for $783,000
- The former chief executive of the U.S. brokerage has admitted wrongdoing and settled with authorities, as under his tenure the company mislead investors to get charged substantially above stated commissions.
Tuesday, 10/02/2015 | 22:21 GMT by
Victor Golovtchenko
Swarm Advised That Crowdsale Model Falls under Securities Laws, Seeks "Distributed Collaborative Organizations"
Tuesday, 10/02/2015 | 16:24 GMT by
Leon Pick
SEC Formed a Dedicated 'Digital Currency Working Group', Credited for Recent Investigation
Monday, 19/01/2015 | 14:41 GMT by
Leon Pick
Reports: Winklevoss Bitcoin Trust Files to Sell 20.1 Million Shares on Nasdaq
Wednesday, 31/12/2014 | 14:44 GMT by
Leon Pick
SEC Fines Operator of Bitcoin and Litecoin-Based "Securities" Exchanges $58,000
Tuesday, 09/12/2014 | 13:25 GMT by
Leon Pick
Social Media Sellers Get Busted as SEC Charges for FX & Investment Fraud
- US regulator has charged two Indian-based fraudsters & their firm for their involvement in a high-yield investment scheme that offered guaranteed returns. The firm was caught-out for its mis-selling on social media.
Wednesday, 12/11/2014 | 20:39 GMT by
Adil Siddiqui
FINRA & SEC Issue Investor Warning on Penny Stock Fraudsters
- The Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission's (SEC) Office of Investor Education and Advocacy has released a warning to investors over volatile penny stocks.
Thursday, 30/10/2014 | 17:53 GMT by
Jeff Patterson
Bitcoin 2.0 leaders deny reports of SEC action: "We do software, not securities"
Wednesday, 29/10/2014 | 13:04 GMT by
Leon Pick
Former SEC Chairman Arthur Levitt to serve as advisor to BitPay, Vaurum
Tuesday, 28/10/2014 | 16:01 GMT by
Leon Pick
Social Media Messages of Probed FX Traders to Be Accessed by EU Investigators
- Investigators at the helm of the ongoing antitrust probe by the EU’s European Commission have allegedly requested access to the Facebook personal messages of FX traders working at major banks involved.
Tuesday, 28/10/2014 | 00:16 GMT by
Victor Golovtchenko
State Street Sees Positive Growth-Operating Revenues, FX Trading & Brokerage Fees in the Green
- State Street has reported operating metrics for the third quarter of 2014. The bank saw an uptake in its revenue compared to 2013 figures, in its FX trading division its earnings increased 11%.
Friday, 24/10/2014 | 17:53 GMT by
Adil Siddiqui
Boston Trading Owner, Craig Karlis Sentenced to 9 Years in Prison for Forex Fraud
- Massachusetts based owner of the company Boston Trading and Research LLC, Craig Karlis was sentenced to nine years in prison and commissioned to pay to defrauded victims of his forex scheme $4,378,306.
Friday, 19/09/2014 | 21:15 GMT by
Victor Golovtchenko
Hedge Funds Allowed to Advertise Freely Pending a Notice to the CFTC
- The decision permitting private funds to advertise has been unveiledIn in a letter by the CFTC , acting as a harmonization effort to put outdated rules in sync with a 2012 law mandating the SEC to lift ads limits.
Friday, 12/09/2014 | 13:49 GMT by
Victor Golovtchenko
US Watchdog Pays $300,000 Whistleblower Award to Compliance Agent Who Reported on His Firm
- The SEC proves that it is willing to pay big for employees to rat on their firms in its battle against fraud and corruption with the first award for a whistleblower with an audit or compliance function at a company.
Tuesday, 02/09/2014 | 19:05 GMT by
Avi Mizrahi
FXCM Reduces Its Credit Facility to $150 Million - Cites Strong Balance Sheet
- Despite a difficult quarter in operating metrics FXCM changes in the amount of credit it has, signalling favourable times for the broker, it also revealed the exact amount it paid for its recent acquisition of FXDD.
Friday, 08/08/2014 | 21:44 GMT by
Adil Siddiqui
President William O'Brien Parts Ways With BATS Global Markets
- BATS Global Markets’ William O'Brien has relinquished his role as acting President of the company, with CEO Joe Ratterman reassuming the vacated role in a series of moves that are effective immediately.
Wednesday, 23/07/2014 | 20:22 GMT by
Jeff Patterson
Winklevoss Bitcoin Trust says shares to trade on NASDAQ under "COIN"
Wednesday, 02/07/2014 | 08:37 GMT by
Leon Pick
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