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  • WASHINGTON, Dec 15- The U.S. Securities and Exchange Commission moved on Monday to dismiss insider-trading proceedings against a man accused of illegally trading in Herbalife. The SEC's enforcement division sought to dismiss the civil charges against Jordan Peixoto because two crucial witnesses were not available for the March 16, 2015 trial, according to...

  • Potential new rules for mutual fund industry Friday, 12 Dec 2014 | 12:22 PM ET
    Chair of the Securities and Exchange Commission Mary Jo White speaks onstage during The New York Times DealBook Conference at One World Trade Center on December 11, 2014 in New York City.

    The Securities and Exchange Commission's Mary Jo White said the agency is conducting a comprehensive review of the mutual fund sector. The NYT reports.

  • SEC's White: Insider trading ruling 'a concern' Thursday, 11 Dec 2014 | 10:47 AM ET
    Chair of the Securities and Exchange Commission Mary Jo White speaks onstage during The New York Times DealBook Conference at One World Trade Center on December 11, 2014 in New York City.

    SEC Chair Mary Jo White says a landmark ruling that threw out two insider trading convictions is an "overly narrow view" of the law.

  • For insider trading, it's a whole new ballgame Thursday, 11 Dec 2014 | 10:05 AM ET
    Preet Bharara

    An appellate court decision significantly redefined insider trading, and may have altered the course of all further enforcement.

  • *Momo says CEO accused by former employer NetEase. BEIJING, Dec 11- Chinese mobile chat app firm Momo Inc, backed by Alibaba Group Holding Ltd, said its CEO will fight allegations of misconduct and corruption made by his former employer, as it prepares to debut on Nasdaq. In a filing to the U.S. Securities and Exchange Commission on Wednesday, Momo said the allegations...

  • BEIJING, Dec 11- Chinese mobile chat app firm Momo Inc, backed by Alibaba Group Holding Ltd, said its CEO will fight allegations of misconduct and corruption made by his former employer, as it prepares to debut on Nasdaq. In a filing to the U.S. Securities and Exchange Commission on Wednesday, Momo said the allegations against CEO and co-founder Tang Yan by Chinese...

  • New York advisory firm charged with defrauding investors Wednesday, 10 Dec 2014 | 4:54 PM ET

    Dec 10- U.S. federal regulators charged a New York- based investment advisory firm and two co-owners with misleading clients into investing in a risky hedge fund. The Securities and Exchange Commission accused that Timothy Dembski and Walter Grenda of Reliance Financial Advisors misled clients who were retired or nearing retirement and living on fixed...

  • Court overturns major insider trading convictions Wednesday, 10 Dec 2014 | 2:50 PM ET
    File photo: Todd Newman (center) leaving court with his attorney last year.

    A U.S. court vacated the insider trading convictions of former hedge fund managers Todd Newman and Anthony Chiasson.

  • Mark Cuban, Christopher Cox hash out SEC's troubles Wednesday, 10 Dec 2014 | 10:04 AM ET
    Entrepreneur Mark Cuban and former chairman of the SEC, Christopher Cox.

    Mark Cuban, once the target of a big U.S. insider trading probe, met publicly with Christopher Cox, the former SEC chairman, for the first time.

  • Alibaba should not have been allowed in US: Cuban Tuesday, 9 Dec 2014 | 5:29 PM ET
    Mark Cuban thinks Alibaba should not have been allowed to list in the U.S.

    Because Alibaba is based in a communist country, it's difficult to enforce insider trading laws, billionaire investor Mark Cuban said.

  • Mark Cuban: 'Burn' SEC down  Tuesday, 9 Dec 2014 | 3:14 PM ET

    Dallas Mavericks owner and "Shark Tank" investor Mark Cuban discusses the candor of former SEC Chairman Christopher Cox at the Market Council Summit, with CNBC's Melissa Lee. Cuban says the SEC needs to start over from scratch.

  • SEC pushing partial S&P rating suspension: Report Monday, 8 Dec 2014 | 4:37 PM ET
    Standard & Poor's headquarters in the financial district of New York.

    The Securities and Exchange Commission is pushing to suspend Standard & Poor's from rating commercial mortgage bonds, according to a report.

  • During 2012 and 2013, Ethan Burnside and his company, BTC Trading Corp, operated two online exchanges through which account holders could buy, sell and trade securities of companies in the virtual currency business, the Securities and Exchange Commission said on Monday in announcing the settlement. His lawyer, Steve Unger, said in a statement that they were...

  • SEC Chief Accountant James Schnurr said in a speech that he does not have a predetermined view on an approach to the long-standing issue of harmonizing corporate accounting worldwide. The SEC for over a decade has grappled with whether and how to move the United States closer to IFRS, but has put off a final decision for years. The SEC requires U.S. companies to use...

  • WASHINGTON, Dec 5- The Chicago suburb of Harvey has settled civil charges in an unusual case where federal regulators had rushed to obtain an emergency restraining order against a planned bond sale, the Securities and Exchange Commission said on Friday. Under the settlement reached with the SEC on Thursday, Harvey will be required to obtain an independent...

  • The SEC on Wednesday filed civil fraud charges against former Assisted Living Concepts Inc chief executive Laurie Bebo, and chief financial officer, John Buono, who devised a scheme to fraudulently inflate occupancy rates at certain facilities it ran for seniors. Their misconduct included adding Bebo's parents and husband in the company's leasing figures...

  • Trian said in June that it had built a $1 billion stake in BNY Mellon, according to filings with the U.S. Securities and Exchange Commission. Garden, who also serves on the boards of Wendy's Co and Family Dollar Stores Inc, will join the human resources& compensation committee and the risk committee of BNY Mellon's board. The announcement comes days after activist...

  • SEC tried to shutter Lehman...in the 1960s! Tuesday, 2 Dec 2014 | 9:25 AM ET
    The headquarters of the U.S. Securities and Exchange Commission in Washington.

    Former SEC commissioner Roberta Karmel says she tried to shut down Lehman in the 1960s.

  • WASHINGTON, Nov 25- HSBC Holdings Plc will pay $12.5 million to resolve charges that its Swiss private banking unit illegally offered services to U.S. clients without being properly registered, the U.S. Securities and Exchange Commission said on Tuesday. The SEC said HSBC's Swiss unit amassed 368 U.S. accounts, and its employees traveled to the United States at...

  • WASHINGTON, Nov 25- HSBC Holdings Plc will pay $12.5 million to resolve charges that its Swiss private banking unit illegally offered services to U.S. clients without being properly registered, the U.S. Securities and Exchange Commission said on Tuesday. The SEC said HSBC's Swiss unit amassed 368 U.S. client accounts, and its employees traveled to the United...