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  • "I believe that a retrospective review is overdue," Mike Piwowar, a Republican member of the Securities and Exchange Commission, said. Piwowar's comments came at an SEC roundtable convened to explore bolstering the shareholder voting processes and retail participation. Later that year, the SEC made the rules mandatory without waiting to study the impact of the...

  • NEW YORK, Feb 17- Warren Buffett's Berkshire Hathaway Inc on Tuesday disclosed a new stake in agricultural and construction equipment maker Deere& Co, one of a handful of changes in its stock holdings during the fourth quarter. Berkshire reported a 17.1 million-share stake, according to a U.S. Securities and Exchange Commission filing that detailed its...

  • MEXICO CITY, Feb 17- Mexican billionaire Carlos Slim and his family reduced their exposure to Argentine energy company YPF last year, selling just over 10 million shares, according to a filing with the U.S. Securities and Exchange Commission on Tuesday. The businessman, his family and their companies now directly and indirectly hold 22,070,000 YPF shares,...

  • SAN FRANCISCO, Feb 13- Alibaba Group Holding Ltd said on Friday it was asked by the U.S. Securities and Exchange Commission for information about its dealings with a Chinese regulator, coming just five months after the company's stock market debut. The SEC's request follows an unusually public fracas between Alibaba and China's State Administration for...

  • Alibaba: SEC asking about Chinese regulators Friday, 13 Feb 2015 | 4:58 PM ET
    Inside Alibaba Group Holdings headquarters.

    Chinese e-commerce giant Alibaba said it is talking with the U.S. SEC about its dealings with Chinese regulators and more.

  • NEW YORK, Feb 11- An administrative judge signaled on Wednesday that he may dismiss U.S. Securities and Exchange Commission charges against two former Wells Fargo& Co employees following a appellate court ruling limiting the reach of insider trading laws. Citing the ruling by the 2nd U.S. Circuit Court of Appeals in New York, Patil ordered the SEC to provide...

  • GE's move, disclosed in a filing with the U.S. Securities and Exchange Commission on Wednesday, comes at a time when regulators at the SEC are starting to more closely scrutinize proxy reforms in general. Several years ago, the SEC under then-chair Mary Schapiro adopted rules requiring public companies to let shareholders nominate directors to corporate...

  • Teva's internal investigation finds possible corruption Wednesday, 11 Feb 2015 | 3:05 PM ET

    Feb 11- Israeli drugmaker Teva Pharmaceutical Industries Inc said it found some business practices and transactions could violate the U.S. The possible violations were in Russia and some other countries it did not identify in Europe, Latin America and elsewhere, Teva said in a filing with the U.S. Securities and Exchange Commission. Teva's U.S.-listed shares...

  • Ex-S&P exec urges U.S. judge to block SEC case Wednesday, 11 Feb 2015 | 2:27 PM ET

    A lawyer for Barbara Duka, who helped oversee S&P's ratings of commercial mortgage-backed securities, told a Manhattan federal judge that Duka would suffer irreparable harm to her career and would face fines if the SEC pursues in-house administrative proceedings against her. The SEC has increasingly been challenged in federal court over its use of...

  • Insiders bail on stock market after earnings Wednesday, 11 Feb 2015 | 11:12 AM ET
    Traders on the floor of the New York Stock Exchange.

    Insider selling jumped in the last week as executives looked to cash in on their companies after earnings came out.

  • Saba Software to be taken private by Vector Capital Tuesday, 10 Feb 2015 | 6:23 PM ET

    Feb 10- Enterprise software provider Saba Software Inc, whose chief executive and other executives recently settled charges of accounting fraud, said private equity firm Vector Capital would take it private for about $268 million in cash. The Securities and Exchange Commission said earlier on Tuesday that two former Saba chief financial officers agreed to...

  • 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
    Hacking hacker cyber security

    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...