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  • Oct 27- BlackRock is lowering the fees on its Total Return Fund, Low Duration Fund and Core Bond Fund, according to a filing with the Securities and Exchange Commission Monday morning. "BlackRock regularly evaluates fund fees and expenses to ensure that they remain competitive as the marketplace evolves," a spokeswoman said in a statement. "By implementing the new...

  • Oct 27- BlackRock is lowering the fees on its Total Return Fund, Low Duration Fund and Core Bond Fund, according to a filing with the Securities and Exchange Commission Monday morning. Institutional shares for the BlackRock Core Bond Fund will be 45 basis points, down from 56 basis points. B-shares of the BlackRock Low Duration Bond Fund will now cost 154 basis...

  • Oct 27- A standoff within the U.S. Securities and Exchange Commission is stalling the final piece of Bank of America Corp's record $16.65 billion settlement with the U.S. government tied to troubled mortgage-backed securities, Bloomberg News reported, citing people with knowledge of the matter. Two Democratic SEC commissioners are unwilling to grant Bank of...

  • SINGAPORE, Oct 24- Singapore sovereign wealth fund GIC has bought a 5 percent stake in IMS Health Holdings, a U.S.-listed technology firm servicing the healthcare sector, for an undisclosed amount, according to a regulatory filing. GIC Private Ltd bought common stock of IMS Health earlier this month, according to a Securities and Exchange Commission filing on...

  • The settlement was filed on Thursday by the SEC in New York federal court, three months after a federal jury in Manhattan acquitted Rengan Rajaratnam of conspiring to engage in insider trading, a rare defeat for U.S. prosecutors. Under the agreement with the SEC, Rajaratnam will pay the $841,243 in four equal payments and will neither admit nor deny wrongdoing.

  • Google commits to $1 billion in long-term office leases Thursday, 23 Oct 2014 | 7:34 PM ET

    SAN FRANCISCO, Oct 23- Google Inc said it is committed to spending $1 billion to lease office buildings over the next 13 to 14 years. Google did not say where the office buildings were located in its disclosure as part of its quarterly regulatory filing with the U.S. Securities and Exchange Commission on Thursday. Google, the world's No. 1 Internet search company, has...

  • NEW YORK, Oct 23- Rengan Rajaratnam, who was cleared of criminal insider trading charges following the conviction of his older brother, Galleon Group founder Raj Rajaratnam, has agreed to pay more than $841,000 to resolve civil claims by the U.S. Securities and Exchange Commission. The settlement was filed on Thursday by the SEC in New York federal court, three...

  • NEW YORK, Oct 23- Rengan Rajaratnam, who was cleared of criminal insider trading charges following the conviction of his older brother, Galleon Group founder Raj Rajaratnam, has agreed to pay more than $841,000 to resolve civil claims by the U.S. Securities and Exchange Commission. The settlement was filed on Thursday by the SEC in New York federal court, three...

  • Oct 22- Texas tycoon Sam Wyly, who filed for bankruptcy this week, is trying to exhaust his fortune through exorbitant spending to impede the U.S. Securities and Exchange Commission's collection of a $198.1 million fraud claim against him, the regulator told a U.S. judge on Wednesday. During a hearing in Dallas bankruptcy court, a lawyer for the SEC criticized...

  • Oct 22- JPMorgan Chase& Co executives in New York were aware of potential problems tied to its recruitment practices in China well before U.S. regulators launched a probe into the issue, the Wall Street Journal reported, citing sources and documents it reviewed. The U.S. Securities and Exchange Commission is examining the extent to which JPMorgan executives at...

  • WASHINGTON, Oct 22- U.S. securities regulators adopted a rule on Wednesday designed to avert another financial crisis, but two officials dissented, saying it did not do enough to discourage banks from lending to borrowers with shaky credit and then passing the mortgage risk to investors. The Securities and Exchange Commission approved the so-called "risk...

  • In a complaint filed in Manhattan federal court, Jordan Peixoto said the SEC "intentionally and strategically" singled him out by pursuing an administrative proceeding to force a settlement, rather than sue him in federal court. In a Sept. 30 complaint, the SEC alleged that Peixoto made $47,100 in December 2012 by trading illegally in Herbalife put options, after...

  • NEW YORK, Oct 20- A Toronto man accused by the U.S. Securities and Exchange Commission of insider trading related to Herbalife Ltd on Monday sued the federal regulator agency to stop it from pursuing its case. In a complaint filed in Manhattan federal court, Jordan Peixoto said the SEC's administrative proceeding against him deprives him of protections he would...

  • Excess CEO pay a 'disease': Shareholder activists Monday, 20 Oct 2014 | 9:42 AM ET
    Nell Minow

    Robert Monks and Nell Minow work to hold executives of publicly traded companies accountable to shareholders, USA Today reports.

  • Goldman's $100M spreadsheet error Friday, 17 Oct 2014 | 6:40 PM ET
    Traders work at the Goldman Sachs booth on the floor of the New York Stock Exchange.

    A spreadsheet mix-up led Goldman to misrepresent the number of outstanding shares in Tibco Software, the NYT reports.

  • Goldman Sachs in talks to buy ETF provider: Sources Thursday, 16 Oct 2014 | 11:37 PM ET

    Goldman Sachs is in discussions to acquire IndexIQ, an exchange-traded fund provider, according to three sources familiar with the situation.

  • Oct 16- Goldman Sachs Group is in discussions to acquire IndexIQ, a Rye Brook, New York- based exchange-traded fund provider, according to three sources familiar with the situation. In September, Goldman sought permission from the U.S. Securities and Exchange Commission to introduce a series of actively managed ETFs 1/ 8 ID: nL2N0RN1N7 3/ 4. However, if Goldman were...

  • SEC: HFT firm manipulated closing prices of stocks Thursday, 16 Oct 2014 | 2:37 PM ET
    A trader works on the floor of the New York Stock Exchange.

    The Securities Exchange Commission on Thursday accused a New York-based trading firm of manipulating the closing price of thousands of stocks.

  • The Securities and Exchange Commission said New York City- based Athena Capital Research has agreed to pay a $1 million penalty to settle the charges without admitting or denying them. The SEC said that the firm's algorithm, which was code-named "Gravy," was programmed to place a large number of aggressive trades in the final two seconds of nearly every trading...

  • The agency's approval, published in the Federal Register on Wednesday, ends years of controversy about the proposal, which was sparked by multibillion-dollar Ponzi schemes orchestrated by Bernard Madoff and R. Allen Stanford. Wall Street's industry-funded watchdog, the Financial Industry Regulatory Authority, had been pushing to put the so-called "...