GO
Loading...

SEC

More

  • Sept 19- A U.S. federal judge in Texas ordered Bitcoin Savings and Trust and its owner to pay a combined $40.7 million after the Securities and Exchange Commission established that the company, which sold investments using the virtual currency, was a Ponzi scheme.

  • Sept 19- For-profit college operator ITT Educational Services Inc disclosed on Friday that it may face civil charges by the U.S. securities regulator following investigations related to two private education loan programs for its students.

  • SEC may take enforcement action against ITT Friday, 19 Sep 2014 | 10:30 AM ET

    NEW YORK— Shares of ITT Educational Services Inc. shed a third of their value after it said the Securities and Exchange Commission may take enforcement action against for-profit education company over its student loans.

  • Sept 19- For-profit college operator ITT Educational Services Inc disclosed on Friday that it may face civil charges by the U.S. securities regulator following investigations related to two private education loan programs for its students.

  • Sept 18- U.S. regulators are investigating a Goldman Sachs Group Inc internship for the brother of a former official at Libya's sovereign wealth fund and perks allegedly offered by the bank to the fund, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

  • Oxfam America also sued the SEC over delays on the rule in 2012.. A few months later, the SEC adopted a final rule. They also said the SEC misinterpreted the law by forcing the public disclosure of detailed payments to governments- a provision that they said could harm companies because such disclosures are illegal in certain countries, such as China and Angola.

  • SEC obtains order freezing assets in alleged scam Wednesday, 17 Sep 2014 | 11:55 AM ET

    MIAMI— The Securities and Exchange Commission has obtained a court order freezing the assets of an alleged South Florida fraud scheme operated out of the Turks and Caicos Islands. The SEC said Wednesday the assets of Abatement Corp. Holding Company Ltd. have been frozen.

  • The SEC on Wednesday said the civil penalty against New York- based Latour is 40 times larger than the previous high of $400,000, imposed in a separate case in 2004, for violations of the net capital rule.

  • Among the charged firms settling the case are BlackRock's BlackRock Institutional Trust Company and New York- based Advent Capital Management. A spokesman for BlackRock said Tuesday that the SEC's case stems from three "inadvertent" violations dating to 2010 and 2011.. Advent Capital did not have an immediate comment on the SEC's case.

  • WASHINGTON, Sept 16- Nineteen trading firms and one trader will pay $9 million to collectively settle civil charges alleging they participated in a stock offering after shorting the stock during a restricted period, U.S. regulators said Tuesday.

  • According to the SEC, AgFeed's Chinese management kept two sets of books- a real one and a fake one to present to investors. The case has garnered some attention because the SEC also charged the company's former U.S.-based independent audit committee chairman, a rare move by the agency.

  • Bankrate facing SEC investigation; CFO resigns Monday, 15 Sep 2014 | 12:39 PM ET

    NEW YORK— Bankrate said Monday that the Securities and Exchange Commission is performing a formal investigation related to its financial results from 2012. The online publisher of financial data also announced that its chief financial officer has resigned.

  • Sept 15- Bankrate Inc, which runs financial information websites, said U.S. regulators were investigating its financial reporting during 2012 and that its chief financial officer of eight years had resigned.

  • NEW YORK/ WASHINGTON, Sept 11- Wilmington Trust Co, now part of M&T Bank Corp, will pay $18.5 million to settle charges that it underreported the amount of construction loans that were not being repaid after the financial crisis, the U.S. Securities and Exchange Commission said on Thursday.

  • The U.S. Securities and Exchange Commission said that the defendants included well-known companies such as Starwood Hotel& Resorts Worldwide Inc, Jones Lang LaSalle Inc, Royal Bank of Scotland and Sankaty Advisors LLC, a unit of the private equity firm Bain Capital.

  • The filing, made public on Wednesday by Securities and Exchange Commission Administrative Law Judge Carol Fox Foelak, comes just a few weeks before Wedbush was set to fight the charges in an SEC court hearing in Los Angeles.

  • The U.S. Securities and Exchange Commission said on Wednesday that the defendants included well-known companies such as Starwood Hotel& Resorts Worldwide Inc, Jones Lang LaSalle Inc and Royal Bank of Scotland.

  • NEW YORK/ WASHINGTON, Sept 5- The U.S. Securities and Exchange Commission will not appeal a recent court decision that thousands of victims of financier Allen Stanford's Ponzi scheme were ineligible under federal law to file claims to recoup their losses, an SEC spokesman said on Friday.

  • Past attempts by the SEC and the Financial Industry Regulatory Authority to improve disclosure and end certain incentive payments have faltered.

  • "The SEC must protect investors in asset-backed securities just as it does investors in any other security," SEC Chair Mary Jo White said during a public meeting, at which the five-member commission voted on the two rules.