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  • 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.

  • U.S. SEC adopts final rules for credit agency reforms Wednesday, 27 Aug 2014 | 12:16 PM ET

    WASHINGTON, Aug 27- The U.S. Securities and Exchange Commission on Wednesday, in a public vote, adopted final rules to reform credit rating agencies, which played a key role in the 2007-09 financial crisis. Two Republican Commissioners voted against the rule. For a story, please click on.

  • "The SEC must protect investors in asset-backed securities just as it does investors in any other security," SEC Chair Mary Jo White said in a statement. The newly required information includes the credit quality and the collateral and cash flows related to each asset, said the SEC.

  • SEC to address 2 major crisis issues     Wednesday, 27 Aug 2014 | 10:00 AM ET

    CNBC's Eamon Javers reports the SEC is to address credit rating agency controls, and set rules that would require banks and other firms to provide investors with more details about asset-backed securities.

  • NEW YORK, Aug 25- A New York broker went on trial on Monday over a U.S. securities regulator's claims he participated in a scheme designed by a Morgan Stanley employee to profit from the death of terminally ill patients through variable annuity sales.

  • Citigroup faces curbs on hedge fund sales: Report Friday, 22 Aug 2014 | 6:24 AM ET

    Citigroup says it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the SEC, according to the WSJ.

  • Aug 21- Citigroup Inc has been sending hedge fund firms letters informing them that it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the U.S. Securities and Exchange Commission, the Wall Street Journal reported.