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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.
U.S. regulators are expected to adopt rules on Wednesday that force "prime" money market funds used by large institutions to float their share price.
As part of its merger with Reliant Bank of Brentwood, Commerce Union Bank intends to issue around $41.6 million in common stock to fund part of the all-stock transaction, according to a recent filing with the Securities and Exchange Commission.
Crocs Inc. will attempt to increase its profit margin by 4.5 percentage points using tactics that are part of a major restructuring announced Monday , just ahead of a quarterly earnings filing that revealed a steep decline in net income.
The Securities Arbitration Law Firm of Klayman & Toskes, P.A. announced today that it is continuing to investigate WFG Investments and Securities America relating to the supervision of Matthew A. Bell and the sale of CodeSmart Holdings , Cubed, Inc. , StarStream and The Staffing Group, Ltd. .
A New York-based investor relations executive on Tuesday agreed to settle civil charges that he illegally traded with inside information obtained while preparing press releases for company clients, U.S. regulators said.
The Supplement will be filed with the securities regulatory authorities in each of the provinces and territories of Canada except Quebec.
In this age of endless regulation, it's hard to imagine that the legal and regulatory details of the law will ever truly be settled.
Updated: Thu Jul 24, 2014 06:29 am
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