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  • The U.S. Securities and Exchange Commission said Monday that BlackRock Advisors LLC breached its fiduciary duties to clients by failing to disclose that Daniel Rice, who oversaw some energy funds and separate accounts, was running a family-owned oil and natural gas company that ultimately became the largest holding of a fund he ran for BlackRock.

  • April 20- BlackRock Inc, one of the world's largest asset managers, agreed to pay $12 million to resolve U.S. Securities and Exchange Commission charges that a unit failed to disclose a conflict of interest created by the outside business activity of a top portfolio manager. The SEC on Monday said BlackRock Advisors LLC breached its fiduciary duties to clients...

  • Oil's next headache? Climate-minded investors Friday, 17 Apr 2015 | 3:00 AM ET
    The Philadelphia Energy Solutions refinery is shown Oct. 24, 2014, in Philadelphia.

    A group of investors sees a climate-related profit squeeze on oil, and they're calling for better disclosure from energy companies.

  • WILLISTON, N.D., April 17- Calpers, the largest American public pension fund, and nearly 60 other institutional investors will ask the U.S. Securities and Exchange Commission on Friday to require oil and natural gas companies to publish detailed analysis of the risks posed by climate change to their business models. Calpers and other investors will tell the SEC...

  • First digital currency broker-dealer launches Thursday, 16 Apr 2015 | 6:10 PM ET
    People attend a bitcoin retail store opening in Hong Kong.

    Genesis Trading, which claims to be the first broker-dealer specializing in digital currencies, launched Thursday.

  • District Judge Richard Berman in Manhattan said Barbara Duka did not deserve a preliminary injunction because she was unlikely to succeed on the merits of her argument that SEC administrative proceedings are unconstitutional. The 2010 Dodd-Frank financial reforms gave the SEC the power to pursue more enforcement cases in-house, rather than in federal...

  • NEW YORK, April 15- A federal judge on Wednesday refused to stop the U.S. Securities and Exchange Commission from pursuing a case against a former Standard& Poor's executive over her role in an alleged fraud involving ratings for commercial mortgage-backed securities. District Judge Richard Berman in Manhattan said Barbara Duka was not entitled to a...

  • NEW YORK, April 14- Former Freddie Mac Chief Executive Officer Richard Syron and two other executives have agreed to settle a lawsuit by the U.S. Securities and Exchange Commission accusing them of misleading investors ahead of the 2008 financial crisis. Like other regulators, the SEC has been criticized for not holding enough top executives liable for...

  • Ex-Freddie Mac executives settle SEC fraud lawsuit Tuesday, 14 Apr 2015 | 1:30 PM ET

    NEW YORK, April 14- Former Freddie Mac Chief Executive Officer Richard Syron and two other one-time executives have reached a settlement in a lawsuit by the U.S. Securities and Exchange Commission accusing them of misleading investors about the company's exposure to risky mortgage loans. The settlement, disclosed in court papers filed in Manhattan federal...

  • Trian complains about executive pay at DuPont Monday, 13 Apr 2015 | 3:05 PM ET

    NEW YORK, April 13- Trian Fund Management, fighting for seats on the board at chemicals and agricultural conglomerate giant DuPont, said top company executives were still well paid last year even though the board acknowledged that the operating performance was poor. The hedge fund said in a presentation filed with the Securities and Exchange Commission on...

  • These two $1-a-year CEOs are USA's cheapest Monday, 13 Apr 2015 | 9:34 AM ET
    Richard Kinder, CEO of energy pipeline operator Kinder Morgan (L), and John Mackey, co-CEO of organic food Whole Foods (R).

    Two CEO's were paid just a buck last year – making them just two CEOs in the Standard & Poor's 500 to make that little, according to USA TODAY.

  • Mutual funds good for banks, but not so good for you Monday, 13 Apr 2015 | 9:24 AM ET
    People pass a sign for JPMorgan Chase & Co. at it's headquarters in Manhattan.

    History has not shown Wall Street banks to be particularly good at managing mutual funds, reports the New York Times.

  • 'Diva of distress' vs. SEC: Does she have a case? Saturday, 11 Apr 2015 | 12:03 PM ET
    Lynn Tilton, CEO of Patriach Partners.

    Lynn Tilton may be trying to tear up the playbook of American securities regulation. A number of legal eagles say she might have a point.

  • NEW YORK, April 9- BATS Global Markets is proposing to close its doors to thinly traded stocks in an unusual move that aims to increase trading volume in the shares of perhaps 500 to 600 micro- and small-cap companies. Chief Executive Chris Concannon said Thursday that BATS planned to file a letter with the Securities and Exchange Commission this month that would...

  • Johnson has made her investments through Impresa Management LLC, whose key shareholders include trusts for her and two siblings, Edward C. Johnson IV and Elizabeth Johnson, according to recent disclosures with the U.S. Securities and Exchange Commission. One of its biggest holdings at the end of last year was a $353 million stake in Chinese Internet commerce...

  • FLIR Systems to settle U.S. SEC bribery charges Wednesday, 8 Apr 2015 | 11:17 AM ET

    WASHINGTON, April 8- Defense contractor FLIR Systems Inc will pay $9.5 million to settle civil charges that it violated federal bribery laws by financing a "world tour" of personal travel for government officials in the Middle East, U.S. regulators said Wednesday. The Securities and Exchange Commission said that the Oregon- based company self-reported the...

  • SEC says ex-NY Giants player ran $31M Ponzi scheme Tuesday, 7 Apr 2015 | 3:33 PM ET
    New York Giants’ cornerback Will Allen defends during a game against the Cleveland Browns in East Rutherford, N.J., Sept. 26, 2004.

    The SEC announced fraud charges against former NFL player Will Allen and a business partner, accusing them of operating a $31 million Ponzi scheme.

  • April 6- BlackRock Inc, the world's largest money manager, will close or consolidate some money-market funds as the company responds to recent regulatory reforms, the Wall Street Journal reported. BlackRock is considering changing its fund lineup to comply with rules adopted by the U.S. Securities and Exchange Commission in July, the company said in a letter to...

  • Tilton a trophy for SEC   Thursday, 2 Apr 2015 | 1:16 PM ET
    Tilton a trophy for SEC

    Billionaire Lynn Tilton told CNBC why she is suing the SEC, which is accusing her of fraud. CNBC's Robert Frank and Eamon Javers, provide insight to the events.

  • WASHINGTON, April 1- A Florida jury handed the U.S. Securities and Exchange Commission a major victory on Wednesday, after it found an investment manager tied to the Rothstein Ponzi scheme liable for fraud. The verdict comes nearly three years after the SEC charged George Levin with defrauding investors through a feeder fund that funneled money to attorney and...