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  • In a statement, Homex said the SEC probe, shared in an April 25 notification, concerns its accounting practices around losses and gains from real estate sales from 2010 to 2012.. Homex said the SEC had sent similar notifications to some employees of the company, who would be taking a leave of absence in order to fully focus on responding to the probe.

  • The companies said in a regulatory filing on Tuesday that the Securities and Exchange Commission had requested additional information about the deal to be included in the proxy statement, which the companies may not mail to shareholders before the SEC completes its review. Williams shareholders need to vote on the transaction, and the SEC must sign off on the...

  • May 2- Bank of America Corp reached a $190 million settlement with a federal home loan bank over four mortgage-related complaints, according to a securities filing on Monday. The bank had accrued "substantially all" of the settlement amount previously, Bank of America said in a filing with the U.S. Securities and Exchange Commission. The litigation was started by...

  • In a filing Monday with the Securities and Exchange Commission, Enbridge says $55 million represents penalties under federal water law. Enbridge says approximately 20,000 barrels of oil spilled into the Kalamazoo River system, near Marshall, from a ruptured line in 2010.. Enbridge says total costs from the disaster are pegged at $1.2 billion.

  • May 2- Bank of America settled four mortgage-related complaints brought against it by the Federal Home Loan Bank of Seattle, Bank of America disclosed in its quarterly earnings filing on Monday with the Securities and Exchange Commission. "Substantially all" of the $190 million settlement was previously accrued, the bank stated in its filing.

  • Criticized oil and gas loans, which are defined by regulators as doubtful, substandard or deserving of special mention, rose to $9.7 billion at the end of March from $4.5 billion at the end of December, according to a quarterly filing the company made with the U.S. Securities and Exchange Commission.

  • April 29- Chinese solar panel maker Yingli Green Energy Holding Co Ltd said on Friday it was delaying filing its annual report with U.S. regulators as it said it needed more time to finalize its financial statements. The company it was delaying by 15 days filing its annual report with the U.S. Securities and Exchange Commission and expects to raise substantial...

  • JAY, Vt.— The federal receiver appointed to oversee two Vermont ski resorts amid fraud allegations said Wednesday he's secured enough money to keep Jay Peak Resort open. Michael Goldberg met with Jay Peak employees Wednesday, nearly two weeks after the federal Securities and Exchange Commission and the state accused the resort's owner and president of fraud.

  • WASHINGTON, April 26- The U.S. Securities and Exchange Commission plans to reverse an earlier decision that would have allowed former Wall Street dealmaker Steven Rattner to return to the securities industry after serving a regulatory ban for more than five years, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

  • NEW YORK, April 26- A plan to test limiting a contentious pricing model used by U.S. stock exchanges could have negative consequences and would not improve the trading of listed companies, executives from the New York Stock Exchange and Nasdaq Inc said on Tuesday. Neither NYSE nor Nasdaq, which list nearly all public U.S. companies, are represented on the committee,...

  • The changes are part of an effort to simplify the editing and production processes of the International New York Times, and roles involved with those operations will be moved to New York and Hong Kong, according to the memo. The company said in a filing with the U.S. Securities and Exchange Commission that it expected to incur about $15 million in costs related to...

  • NEW YORK, April 22- A U.S. bankruptcy judge on Friday put off making a decision on SunEdison Inc's request for an independent examiner at the company's first day in court. In its request, SunEdison cited the subpoena it received from the U.S. Department of Justice related to financing activities, a U.S. Securities and Exchange Commission investigation and a...

  • The SEC said it extended the pilot program through April 21, 2017 to allow more time for evaluation, including how it operated on Aug. 24, 2015 when the Dow Jones industrial average slid more than 1,000 points in the first few minutes of trading. The SEC said this could help prevent unnecessary trading pauses unrelated to volatility. Separately, the SEC directed...

  • In a letter to the U.S. Securities and Exchange Commission, the Massachusetts Democrat said the regulator's decision to approve the firm, Stamford Harbor Capital L.P., makes "a mockery of the SEC's core mission to' protect investors." "The Commission has permitted a recidivist hedge fund manager, well-known for his former company's willingness to evade and ignore...

  • NEW YORK, April 20- The U.S. Securities and Exchange Commission should mandate an experiment in cutting stock exchange fees and rebates, a move that could illuminate flaws in a pricing model that critics say creates conflicts of interest, a sub-committee of the regulator has recommended. A subgroup of the SEC's Equity Market Structure Advisory Committee...

  • "We are intensely focused on whether companies and their officers evaluate judgmental accounting issues in good faith and based on GAAP," or generally accepted accounting principles, Andrew Ceresney, head of the SEC enforcement division, said in a statement on Tuesday. Logitech's former Chief Executive Officer Gerald Quindlen was not accused of misconduct...

  • "We are intensely focused on whether companies and their officers evaluate judgmental accounting issues in good faith and based on GAAP," or generally accepted accounting principles, Andrew Ceresney, head of the SEC enforcement division, said in a statement on Tuesday. Logitech's former Chief Executive Officer Gerald Quindlen was not accused of misconduct...

  • In a complaint filed late on Monday in San Francisco federal court, the SEC said Logitech's former chief financial officer, Erik Bardman, and its former acting controller, Jennifer Wolf, schemed to inflate the company's operating income, causing a $30.7 million overstatement in fiscal 2011, and misled its outside auditor. The SEC said the defendants did so...

  • Federal regulators are investigating blood-testing start-up Theranos over whether it misled investors.

  • April 18- Blood-testing firm Theranos Inc is under investigation by the U.S. Securities and Exchange Commission and the U.S. Attorney's Office for the Northern District of California, Bloomberg reported. U.S. federal health regulators have proposed banning Theranos founder Elizabeth Holmes from the blood-testing business for at least two years after...