Government Agencies SEC

  • Lynn Tilton, CEO of Patriach Partners.

    The U.S. Supreme Court rejected a request by a financier accused of defrauding investors to put on hold an SEC enforcement action.

  • WASHINGTON, Sept 27- The U.S. Supreme Court on Tuesday rejected a request by Lynn Tilton, the New York financier accused by the Securities and Exchange Commission of defrauding investors, to put on hold an SEC enforcement action as she challenges the agency's in-house judicial proceeding against her. The court's action means that Tilton will face an Oct. 24...

  • WASHINGTON, Sept 27- The U.S. Supreme Court on Tuesday rejected a request by Lynn Tilton, the New York financier accused by the Securities and Exchange Commission of defrauding investors, to put on hold an SEC enforcement action as she challenges the agency's in-house judicial proceeding against her.

  • Supreme Court won't put SEC action vs. Tilton on hold

    According to Reuters, the U.S. Supreme Court is refusing to put SEC action against Lynn Tilton, Patriarch Partners founder, on hold. CNBC's Sue Herera reports.

  • Sept 27- Oil services company Weatherford International LLC has agreed to a $140 million penalty to settle charges it inflated its earnings by using deceptive income tax accounting, the U.S. Securities and Exchange Commission said on Tuesday. Two Weatherford senior accounting executives at the time also agreed to settle charges that they were behind the...

  • WASHINGTON, Sept 27- Oil services company Weatherford International Plc agreed to pay a $140 million penalty to settle charges that it inflated earnings by using deceptive income tax accounting, the U.S. Securities and Exchange Commission said on Tuesday.

  • "Disclosure is the foundation of federal securities laws, and public companies are required to disclose material events that shareholders should know about," Warner said in a letter to SEC Chairwoman Mary Jo White. Warner also asked the SEC to probe whether Yahoo has "made complete and accurate representations" about the security of its information technology...

  • New York Stock Exchange

    These are the stocks posting the largest moves after the bell, including: KITE, JUNO, COL, TWTR and more.

  • The U.S. Securities and Exchange Commission on Monday imposed a record $12.5 million fine for violating its market access rule, which requires brokerages that give customers direct market access to have risk controls designed to stop erroneous or excessively large trades. The SEC adopted the Market Access Rule in 2010 after a May 6 "flash crash" caused the Dow...

  • "Disclosure is the foundation of federal securities laws, and public companies are required to disclose material events that shareholders should know about," Warner said in a letter to SEC Chairwoman Mary Jo White. Warner also asked the SEC to probe whether Yahoo has "made complete and accurate representations" about the security of its information technology...

  • Senator Mark Warner, Democrat from Virginia

    Sen. Mark Warner asks the SEC to investigate whether Yahoo fulfilled obligations to inform the public about a hacking attack.

  • An SEC investigation found that Merrill Lynch, Bank of America's retail securities brokerage, caused market disruptions on at least 15 occasions from late 2012 to mid-2014, the agency said in a statement. The SEC said Merrill's conduct violated the market access rule because the firm's internal controls for preventing erroneous trading orders were set at...

  • Sen. Warner: Serious concerns about Yahoo's truthfulness

    CNBC's Eamon Javers reports the latest on Senator Mark Warner asking U.S. Securities and Exchange Commission to investigate the Yahoo hack of 500 million accounts.

  • WASHINGTON, Sept 26- Democratic Senator Mark Warner on Monday asked the U.S. Securities and Exchange Commission to investigate whether Yahoo and its senior executives fulfilled obligations to inform investors and the public about a hacking attack affecting 500 million user accounts. "Disclosure is the foundation of federal securities laws, and public...

  • Sept 26- Bank of America Corp agreed to pay a $12.5 million fine to settle U.S. regulatory charges that its Merrill Lynch unit's controls failed to prevent erroneous trading orders, causing "mini-flash crashes" in companies' stocks. The U.S. Securities and Exchange Commission on Monday said the penalty is its largest for violating the Market Access Rule.

  • WASHINGTON, Sept 26- Democratic Senator Mark Warner on Monday asked the U.S. Securities and Exchange Commission to investigate whether Yahoo and its senior executives fulfilled obligations to inform investors and the public about a hack affecting 500 million user accounts.

  • The SEC filed papers on Friday in federal court in Albuquerque, New Mexico, saying it would drop three out of five remaining civil claims against Thornburg's former Chief Executive Officer Larry Goldstone and former Chief Financial Officer Clarence Simmons. The SEC also said it would no longer pursue a claim that the defendants defrauded investors by...

  • Sept 23- The city of Miami and the U.S. Securities and Exchange Commission reached a tentative settlement after a jury found the city liable for securities fraud in the sale of over $150 million in municipal debt in 2009.. Lawyers for the SEC and the city said in a Thursday court filing that the proposed settlement would allow both sides to avoid further...

  • Who turned on Cooperman?

    Was Leon Cooperman, CEO of Omega Advisors, turned in by his own son? Alexandra Stevenson, New York Times hedge fund reporter, discusses the details of what she calls Cooperman's "Shakespearean drama."