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  • S&P settles with SEC, 2 states over misconduct charges Wednesday, 21 Jan 2015 | 9:40 AM ET

    The agreement requires S&P to pay more than $58 million to the Securities and Exchange Commission, $12 million to New York and $7 million to Massachusetts. "These settlements involve findings of intentional fraud in 2011 and 2012, well after the financial crisis," said Andrew Ceresney, director of the SEC's enforcement division, on a call with reporters.

  • NEW YORK— A month after it was fined $47 million for misleading investors, Life Partners Holdings said Tuesday it filed for Chapter 11 bankruptcy protection. The Securities and Exchange Commission filed a lawsuit against the company in 2012, saying that Life Partners Holdings and three executives misrepresented revenues and public information.

  • BOSTON/ BENGALURU, Jan 16- The U.S. Securities and Exchange Commission on Friday backed off a ruling it made on when companies may ditch shareholder proposals, drawing praise from activists aiming to add their own directors at grocer Whole Foods Market Inc and other companies. They got a setback in December when Whole Foods was told by the SEC that it could skip...

  • The lawsuit, filed in federal court in Manhattan, comes three months after McGraw Hill took a $60 million charge and said it was in talks to resolve an SEC probe into its ratings for six commercial mortgage-backed securities transactions issued in 2011.. Duka, who left S&P in 2012, said she received a "Wells notice" in November indicating she might face an SEC...

  • Jan 16- Walt Disney Co hiked Chief Executive Robert Iger's total compensation by 36 percent in 2014, a regulatory filing showed. Iger, who has led the company to record profits, received a compensation of $46.5 million in 2014, compared with $34.3 million in 2013, according to a filing on Friday with the Securities and Exchange Commission.

  • UBS unit paying $14.4M to settle SEC charges Thursday, 15 Jan 2015 | 12:48 PM ET

    The Securities and Exchange Commission announced the settlement Thursday with UBS, Switzerland's largest bank and a major Wall Street institution. The SEC in recent months has accelerated its volume of market trading cases in the complex, highly fragmented securities markets. The SEC said UBS Securities failed to fully disclose one of its types of orders...

  • Jan 14- Continental Resources Inc said Harold Hamm, its chief executive officer and majority shareholder, has pledged about one-fourth of the company shares he owns as collateral for a personal loan, according to a regulatory filing. The Jan. 13 Securities and Exchange Commission filing doesn't state the purpose of the personal loan. Under a November divorce...

  • Wing Chau and his firm Harding Advisory LLC were found liable by Securities and Exchange Commission Administrative Law Judge Cameron Elliot. The SEC had accused Chau and his firm of allowing a hedge fund to control which assets backed a $1.5 billion structured collateralized debt obligation known as " Octans I CDO Ltd" without disclosing that critical...

  • The No. 2 U.S. stock market operator said the SEC had also concluded a separate investigation into the development of order types on the legacy BATS exchanges without taking any action. Exchanges are required under federal securities laws to obtain SEC approval for rules governing how buy and sell orders are matched and to comply with those rules.

  • The SEC said it was the largest penalty it had imposed on a U.S. stock exchange and the first case involving types of trading orders used. The exchanges gave full information about their ranking of orders by price and other data to some of their trading firm members— including some high-frequency firms— but not to all, the SEC said. The SEC didn't specify what kinds of...

  • Jan 12- BATS Global Markets said on Monday it agreed to pay a record $14 million penalty to settle charges that two exchanges formerly owned by Direct Edge Holdings gave advantages to certain high-frequency trading firms. The U.S. Securities and Exchange Commission said Direct Edge, prior to its merger with BATS a year ago, had selectively disclosed...

  • Jan 12- Former federal prosecutor David O'Neil will join law firm Debevoise& Plimpton as a partner in its Washington office, the New York Times reported. The law firm is expected to announce the hiring on Monday, the paper said. O'Neil joins Debevoise two years after Mary Jo White left the firm to become chairwoman of the Securities and Exchange Commission, while...

  • WASHINGTON, Jan 12- In their battle to root out microcap stock fraudsters, U.S. securities regulators are turning their attention to the obscure world of transfer agents, who are sometimes in a position to prevent scams, or help to enable them. Transfer agents are back-office businesses hired by companies to keep track of shareholder records and changes in...

  • Dec 29- Computer Sciences Corp on Monday said it will pay a $190 million penalty and restate three years of results to resolve a U.S. Securities and Exchange Commission civil probe into the information technology company's accounting. Computer Sciences said there were accounting irregularities at its businesses in the Nordic region, Australia and its...

  • S&P deal on mortgage bond ratings near: Report Friday, 26 Dec 2014 | 6:52 AM ET

    Standard & Poor's Ratings Services is nearing a settlement with regulators over how the company graded real-estate bonds.

  • S&P nears settlement on real-estate bond ratings - WSJ Thursday, 25 Dec 2014 | 10:34 PM ET

    Dec 25- Standard& Poor's Ratings Services is nearing a settlement with regulators over their investigation of how the company graded real-estate bonds, the Wall Street Journal reported, citing people familiar with the matter. The proposed deal, which could be reached as early as next month, is a joint settlement with the Securities and Exchange Commission, New...

  • NEW YORK, Dec 23- A plan by the U.S. Securities and Exchange Commission to widen the minimum trading increments of some small-cap stocks to test if that would spur more trading could end up harming mom-and-pop investors, retail brokerages said in letters to the regulator. The potential cost of the program to all investors could be up to $455 million dollars...

  • The SEC said those claims were false, as the algorithm behind the AlphaSector product did not even exist during that seven-year period. The data instead came from applying the algorithm to historical market data, resulting in a hypothetical performance, the SEC said. The SEC separately sued Present in Boston federal court, saying he made false and misleading...

  • Look who Steven A. Cohen wants to hire Tuesday, 16 Dec 2014 | 9:12 AM ET
    Steven Cohen

    Steven A. Cohen beat them, and now he wants them to join him. The New York Times reports.

  • Dec 15- Florida lender BankAtlantic Bancorp Inc and its chief executive defrauded investors in 2007, early in the U.S. financial crisis, a federal jury found on Monday. BBX Capital Corp, as BankAtlantic is known today, and Alan Levan, who remains as CEO, were found liable by a federal jury in Miami following a six-week trial in a lawsuit filed by the U.S. Securities and...