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  • Bill Gross, who built Pimco into a $2 trillion asset manager and became one of the world's best-known bond investors, quit the firm he co-founded on Friday after his flagship fund suffered its 16th straight month of outflows and amid a Securities and Exchange Commission probe into whether one of his funds artificially inflated returns.

  • NEW YORK, Sept 25- Texas tycoon Sam Wyly and his late brother Charles' estate must pay hundreds of millions of dollars to the U.S. Securities and Exchange Commission for a fraudulent offshore scheme, a U.S. judge said on Thursday, one of the largest awards ever imposed on individual defendants.

  • NEW YORK, Sept 25- Texas tycoon Sam Wyly and his late brother Charles' estate must pay $187.7 million to the U.S. Securities and Exchange Commission for a fraudulent offshore scheme, a U.S. judge said on Thursday.

  • Private equity-backed Vantage Energy postpones IPO Wednesday, 24 Sep 2014 | 9:04 PM ET

    Vantage was expecting the offering of 23.6 million shares to be priced between $24 to $27 per share, valuing the company at up to $1.95 billion, according to a filing with the U.S. Securities and Exchange Commission earlier this month.

  • Babak "Bobby" Yazdani, who founded Saba in 1997 and resigned as chief executive in March 2013, was not charged with misconduct over the scheme, which involved falsified time-sheets by consultants at an Indian subsidiary, the SEC said.

  • Sept 23- The U.S. Securities and Exchange Commission is probing whether Pacific Management Company artificially inflated returns on its Pimco Total Return ETF, the Wall Street Journal reported citing people familiar with the matter. The SEC is inquiring whether Pimco provided investors with wrong information about the fund's performance, the report said.

  • The SEC won new powers in the 2010 Dodd-Frank Wall Street reform law to entice whistleblowers with monetary awards. The new program lets the SEC pay a whistleblower who provides tips and original information that leads to an enforcement action with sanctions that exceed $1 million.

  • The SEC won new powers in the 2010 Dodd-Frank Wall Street reform law to entice whistleblowers with monetary awards. Prior to the new law, the SEC was only able to reward people for helping on insider-trading cases.

  • The SEC is announcing the largest ever whistleblower award of $30 million, reports CNBC's Eamon Javers.

  • 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.

  • 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.

  • How an IPO gets done, step by step Wednesday, 17 Sep 2014 | 2:56 PM ET
    Alibaba founder Jack Ma gives a thumbs-up as he arrives to speak to investors at an initial public offering road show in Singapore Sept. 16, 2014.

    Alibaba's long-awaited IPO is finally around the corner, making this a good time to take a look at just how an IPO works.

  • 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.

  • 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.