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  • ZURICH, Feb 10- Swiss bank UBS said on Tuesday U.S. authorities had begun an investigation into the selling of certain securities that potentially violate tax law in the United States. "In January 2015, we received inquiries from the U.S. Attorney's Office for the Eastern District of New York and from the U.S. Securities and Exchange Commission, which are...

  • WASHINGTON, Feb 9- The U.S. Securities and Exchange Commission on Monday proposed rules to require public companies to tell investors whether they allow their staff to hedge the value of their corporate stock and options. The rules were mandated by the 2010 Dodd-Frank Act to reform Wall Street, the securities watchdog said. In a statement, SEC Chair Mary Jo White...

  • Your broker-dealer has been hacked...now what? Friday, 6 Feb 2015 | 3:04 PM ET

    If your broker-dealer or investment advisor is hacked, your money could be gone forever.

  • The deal with the SEC notably does not suspend the firms from practicing as accountants for China- based companies listed on U.S. markets. The firms can face an automatic six-month suspension, however, if they fail to produce documents or provide records that the SEC deems to be deficient. The SEC could also start new fast-tracked enforcement actions or revive...

  • The Securities and Exchange Commission said the Chinese units of Deloitte, Ernst& Young, PricewaterhouseCoopers and KPMG will each pay $500,000 and admit that prior to 2012 they did not produce documents the SEC had requested. The settlement with the SEC notably does not suspend the firms from practicing as accountants for China- based firms listed in U.S....

  • The Securities and Exchange Commission said that the Chinese units of Deloitte, Ernst& Young, PricewaterhouseCoopers and KPMG will each pay $500,000 and admit that prior to 2012, they did not produce documents the SEC had requested. The settlement with the SEC notably does not suspend the firms from practicing as accountants for China- based firms listed in...

  • NEW YORK, Feb 5- The U.S. Securities and Exchange Commission is investigating a January 14 spike in trading in BlackBerry Ltd options that took place hours before Reuters reported that Samsung Electronics Co was in talks to buy the Canadian smartphone maker, according to a person familiar with the investigation. One trade the SEC is looking at took place at...

  • TORONTO, Feb 3- Canada's most prominent securities regulator said on Tuesday it is looking at launching a whistleblower program that would pay up to C $1.5 million to tipsters who help it snare those breaking securities laws. The Ontario Securities Commission proposal, the first of its kind in Canada, comes after the U.S. Securities and Exchange Commission...

  • NEW YORK, Feb 3- A former Banco Santander SA executive has been indicted for insider trading ahead of a proposed 2010 takeover of Potash Corp of Saskatchewan Inc by the mining group BHP Billiton Ltd, U.S. prosecutors said on Tuesday. A former adviser to Banco Santander's chief executive, Canas settled a U.S. Securities and Exchange Commission civil lawsuit last...

  • Feb 3- U.S. brokerage firms and financial advisers are a routine target of cyber criminals and some have lost money as a result of fraudulent emails requesting transfers of client funds, the U.S. Securities and Exchange Commission said in a report. Cybersecurity is a growing concern for business, as highlighted by recent hacking incidents at Home Depot Inc, Sony...

  • In a regulatory filing on Friday, BNY Mellon said that U.S. Securities and Exchange Commission staff had notified it that they would recommend the SEC charge the bank over alleged violations of the Foreign Corrupt Practices Act. BNY Mellon said the so-called Wells notice came after SEC staff provided a similar notice in the third quarter of 2014 to some current...

  • WASHINGTON, Jan 27- Oppenheimer& Co will pay $20 million to settle two U.S. government cases stemming from allegations the firm improperly sold penny stocks and ignored red flags. The Securities and Exchange Commission said Oppenheimer will pay $10 million to settle the case with the agency, plus another $10 million to settle parallel charges with the Treasury...

  • NEW YORK, Jan 26- The U.S. Securities and Exchange Commission on Monday supported a bid by prosecutors in New York for a shot at overturning a ruling that cleared two hedge fund managers of insider trading and limited the ability of authorities to pursue such cases. The SEC, in a court filing, backed Manhattan U.S. In particular, the SEC said the ruling could impede...

  • BOSTON/ BENGALURU, Jan 16- The U.S. Securities and Exchange Commission on Friday backed off a ruling it made on when companies may ditch shareholder proposals, drawing praise from activists aiming to add their own directors at grocer Whole Foods Market Inc and other companies. They got a setback in December when Whole Foods was told by the SEC that it could skip...

  • The lawsuit, filed in federal court in Manhattan, comes three months after McGraw Hill took a $60 million charge and said it was in talks to resolve an SEC probe into its ratings for six commercial mortgage-backed securities transactions issued in 2011.. Duka, who left S&P in 2012, said she received a "Wells notice" in November indicating she might face an SEC...

  • Jan 16- Walt Disney Co hiked Chief Executive Robert Iger's total compensation by 36 percent in 2014, a regulatory filing showed. Iger, who has led the company to record profits, received a compensation of $46.5 million in 2014, compared with $34.3 million in 2013, according to a filing on Friday with the Securities and Exchange Commission.

  • Jan 14- Continental Resources Inc said Harold Hamm, its chief executive officer and majority shareholder, has pledged about one-fourth of the company shares he owns as collateral for a personal loan, according to a regulatory filing. The Jan. 13 Securities and Exchange Commission filing doesn't state the purpose of the personal loan. Under a November divorce...

  • Wing Chau and his firm Harding Advisory LLC were found liable by Securities and Exchange Commission Administrative Law Judge Cameron Elliot. The SEC had accused Chau and his firm of allowing a hedge fund to control which assets backed a $1.5 billion structured collateralized debt obligation known as " Octans I CDO Ltd" without disclosing that critical...

  • The No. 2 U.S. stock market operator said the SEC had also concluded a separate investigation into the development of order types on the legacy BATS exchanges without taking any action. Exchanges are required under federal securities laws to obtain SEC approval for rules governing how buy and sell orders are matched and to comply with those rules.

  • Jan 12- BATS Global Markets said on Monday it agreed to pay a record $14 million penalty to settle charges that two exchanges formerly owned by Direct Edge Holdings gave advantages to certain high-frequency trading firms. The U.S. Securities and Exchange Commission said Direct Edge, prior to its merger with BATS a year ago, had selectively disclosed...