GO
Loading...

SEC

More

  • WASHINGTON, Nov 21- Keith Higgins, who runs the office that reviews public companies' books at the U.S. Securities and Exchange Commission, reported stock holdings worth between about $2 million and $6 million last year and the sale of stocks throughout 2014, according to SEC disclosures viewed by Reuters. Since the beginning of the year, he has reported about 60...

  • Wedbush paying $2.4 million to settle SEC case Thursday, 20 Nov 2014 | 6:28 PM ET

    NEW YORK— The Securities and Exchange Commission said Thursday that trading firm Wedbush Securities Inc. has agreed to pay more than $2.4 million to settle charges that it provided customers access to the market without adequate risk controls. Two people, former Wedbush executive vice president Jeffrey Bell and current Wedbush vice president Christina...

  • WASHINGTON, Nov 20- Brokerage firm Wedbush Securities will pay a $2.44 million penalty and admit to wrongdoing to settle civil charges over shoddy risk controls that let thousands of overseas traders gain access to U.S. markets, federal regulators said. Wedbush's settlement with the U.S. Securities and Exchange Commission on Thursday was widely anticipated...

  • Gallagher's comments come as the SEC is mulling whether or not it should make changes to the definition of "accredited investor. Since the rule was written in the 1980 s, the SEC has tinkered with the definition only once. But the law also requires the SEC to revisit the definition to consider potential changes every four years- a process that is now underway.

  • The SEC announced the increase in its Nov. 17 annual report, which tracks the success of the whistleblower program and how much it pays out each year in awards. It authorized awards for nine whistleblowers, including a record payout of more than $30 million to a whistleblower overseas who had helped alert the SEC to what it described as an ongoing fraud.

  • Steven Cohen's ex-wife can ask about this: Judge Monday, 17 Nov 2014 | 2:27 PM ET
    Steven A. Cohen

    Steven Cohen can face questions about insider trading at SAC Capital Advisors from lawyers representing his ex-wife in a civil lawsuit against him.

  • Look who's investing in Alibaba now Friday, 14 Nov 2014 | 6:32 PM ET
    A trader at the NYSE during the Alibaba Group IPO opening.

    Some of America's biggest and most influential hedge funds are investing heavily in Chinese tech giant Alibaba.

  • The decision by the U.S. Court of Appeals for the District of Columbia Circuit is likely to end a long battle about public access to documents related to SEC oversight of the Financial Industry Regulatory Authority's arbitration system. The SEC oversees and examines FINRA. At issue was whether an exemption to the Freedom of Information Act should allow the SEC...

  • The SEC oversees and examines FINRA, which is a private organization. At issue was whether an exemption to the Freedom of Information Act should allow the SEC to keep certain records about arbitration under seal. In 2010, the SEC claimed such an exemption in turning down a request by the Public Investors Arbitration Bar Association a group of lawyers whose...

  • ZeekRewards founder arraigned in $850 million scam Thursday, 13 Nov 2014 | 10:55 AM ET

    CHARLOTTE, N.C.— A North Carolina man who prosecutors say masterminded an $850 million Internet-based Ponzi scheme pleaded not guilty Thursday to federal charges of wire and mail fraud, conspiracy and tax fraud. Magistrate David Cayer in U.S. District Court in Charlotte. The company was shut down by the U.S. Securities and Exchange Commission in 2012....

  • NEW YORK, Nov 12- Six weeks after winning an order worth nearly $300 million against Texas businessman Sam Wyly and the estate of his deceased brother, Charles, the U.S. Securities and Exchange Commission returned to court on Wednesday looking for more. "The Wylys weren't just insiders," SEC lawyer Bridget Fitzpatrick said. "There's no attempt from... the SEC to...

  • Very short trading: Rise of the 20-minute option Tuesday, 11 Nov 2014 | 10:49 AM ET
    Trader on the floor of the New York Stock Exchange.

    Options contracts with an expiration of 20 minutes? They're real, and they're popular on one prominent trading platform.

  • Nov 10- State Street Corp said on Monday it was responding to subpoenas from the U.S. Department of Justice and the Securities and Exchange Commission for information regarding its solicitation of asset servicing business of public retirement plans. Separately, the SEC said it would increase its enforcement actions in the municipal market, encouraged by its...

  • SEC reviews 'maker-taker' model, US trading rules Monday, 10 Nov 2014 | 12:32 PM ET
    Mary Jo White

    Regulators are undertaking a comprehensive data-driven review of the rules underpinning US equity markets, the SEC said Monday.

  • NEW YORK, Nov 10- Regulators are undertaking a comprehensive data-driven review of the rules underpinning the U.S. equity markets, including the pricing and rebate system used by exchanges, the head of the Securities and Exchange Commission said on Monday. The SEC is looking at its National Market System rule set, as well as the role of exchanges acting as...

  • WH net neutrality push: Key points     Monday, 10 Nov 2014 | 10:14 AM ET

    CNBC's Eamon Javers runs through the key points of a statement released by the White House on net neutrality.

  • SEC: Top fiscal priorities     Monday, 10 Nov 2014 | 9:35 AM ET

    CNBC's Mary Thompson speaks to SEC Chair Mary Jo White, about recent criticism of the SEC, Dodd-Frank regulation and the SEC's top priorities for the next fiscal year.

  • Cable stocks slide on White House statement     Monday, 10 Nov 2014 | 9:31 AM ET

    CNBC's Jim Cramer weighs in on the hit to cable stocks after President Obama made comments about net neutrality.

  • SEC seeks to double $200M damages against Wyly Friday, 7 Nov 2014 | 6:25 PM ET

    The SEC asked a judge to more than double the money Texas businessman Sam Wyly must pay.

  • Nov 7- U.S. regulators plan to allow investment management firm Eaton Vance Corp to launch a new breed of actively managed exchange-traded funds that can keep their holdings secret for months at a time, boosting Eaton Vance shares by 22 percent on Friday. In a notice published late Thursday night, the U.S. Securities and Exchange Commission said it intends to...