Government Agencies SEC

  • Apollo had enhanced its disclosure and compliance related to the matters at issue "long before the SEC inquiry began," the spokesman added. Between at least 2011 and 2015, the SEC said that Apollo advisers did not adequately disclose benefits they received by speeding up the payment of fees paid to them by companies in the funds' portfolios when those companies...

  • The deal with the SEC, detailed in papers filed in Manhattan federal court, resolves a 2011 lawsuit accusing Mudd of misleading investors about Fannie's exposure to risky mortgages before the crisis. Mudd was one of six executives at mortgage funding giants Fannie Mae and Freddie Mac sued by the SEC. The SEC did not immediately respond to calls for comment.

  • The relatively small settlement, disclosed in papers filed in federal court in Manhattan, resolves a 2011 lawsuit by the SEC accusing Mudd of misleading investors about Fannie Mae's exposure to risky mortgages before the crisis. Mudd was the last of six executives at mortgage funding giants Fannie Mae and Freddie Mac sued by the SEC in 2011 to reach a...

  • The relatively small settlement, disclosed in papers filed in federal court in Manhattan, resolves a 2011 lawsuit by the SEC accusing Mudd of misleading investors about Fannie Mae's exposure to risky mortgages before the crisis. Mudd was the last of six executives at mortgage funding giants Fannie Mae and Freddie Mac sued by the SEC in 2011 to reach a...

  • FORMER FANNIE MAE CEO DANIEL MUDD SETTLES LAWSUIT BY U.S.

  • Prominent start-up Hampton Creek, maker of Just Mayo, faces scrutiny from regulators for its business practices, the NYT reports.

  • The ruling overturns a 2013 decision by SEC Chief Administrative Judge Brenda Murray, who found Feldman liable and ordered him to pay $4.7 million in penalties. Feldman was an optionsXpress Inc customer when he was charged by the SEC in 2012 for a so-called "naked short-selling" scheme. The SEC had accused Feldman of trading billions of dollars in options and...

  • Eric Ben-Artzi, a former Deutsche Bank risk officer, wrote in an opinion article in the Financial Times that the $55 million U.S. Securities and Exchange Commission penalty on which the award is based should have been paid by Deutsche's executives. "We brought all of the charges supported by the evidence and the law, which were unanimously approved by the...

  • A spokeswoman for the SEC declined to immediately comment. Last year, Deutsche Bank agreed to pay $55 million to the SEC to settle claims that it ran afoul of U.S. securities laws because of the bank's "inadequate internal accounting controls" related to the valuation of complex derivatives, the SEC had said. But the Deutsche executives went unpunished because of...

  • Edwin Chin, Goldman's former head trader for residential mortgage-backed securities, generated extra revenue for the company by concealing the prices at which it had bought such mortgages, the U.S. Securities and Exchange Commission said in a statement. The SEC said Chin also misled buyers by suggesting he was negotiating transactions between customers...

  • CFTC places restrictions on Steven Cohen

    CNBC's Kate Kelly reports that Point72's Steven Cohen has settled charges from the Commodity Futures Trading Commission.

  • Hain Celestial's shares dropped to $37.25 shortly after the opening bell on Tuesday, after closing at $53.40, wiping out about $1.65 billion of the company's market value. Jefferies analyst Akshay Jagdale said the issue would probably take several months to resolve, especially if the U.S. Securities and Exchange Commission became involved.

  • George Soros

    Soros Fund Management sharply cut its shares in gold in the second quarter, regulatory filings showed on Monday.

  • Aug 15- The U.S. Securities and Exchange Commission on Monday temporarily halted trade in Neuromama Ltd, whose shares have quadrupled to about $56 in over the counter trading this year, citing concerns including "potentially manipulative" transactions. The company, whose website and filings say it runs a search engine based on neural technology, is in talks to...

  • Aug 15- The U.S. Securities and Exchange Commission on Monday temporarily halted trading in Neuromama Ltd, whose shares last traded about $56 over the counter, citing concerns including "potentially manipulative" transactions. The company, whose website and filings say it runs a search engine based on neural technology, is in talks to license "heavy ion fusion"...

  • NEW YORK, Aug 15- Soros Fund Management LLC sharply cut its shares in gold in the second quarter, when bullion prices rose to two-year highs, regulatory filings with the U.S. Securities and Exchange Commission showed on Monday. "Investors have been more proactive cutting holdings in the miners, some of whom have drastically outperformed the underlying in the...

  • Donald "Jay" Lathen, Jr., who manages Eden Arc Capital Management LLC, was charged with fraud after putting the patients' names on joint brokerage accounts, along with his own, so he could buy bonds for his fund and profit by selling them back to issuers when the patients died, according to a U.S. Securities and Exchange Commission complaint. The fund could not legally be...

  • Donald "Jay" Lathen, Jr., who manages Eden Arc Capital Manager LLC, was charged with fraud after putting the patients' names on joint brokerage accounts, along with his own, so he could buy bonds for his fund and profit by selling them back to issuers when the patients died, according to a U.S. Securities and Exchange Commission complaint. The fund could not legally be a...

  • NEW YORK, Aug 15- Paulson& Co held its stake in SPDR Gold Trust unchanged in the second quarter of 2016 as bullion prices rose, but was mixed with its stakes in gold miners, filings with the U.S. Securities and Exchange Commission showed on Monday.

  • Aug 15- The U.S. Securities and Exchange Commission said on Monday it had halted trading in shares of Neuromama Ltd because of certain concerns including "potentially manipulative" transactions. The SEC also cited "the identity of the people in charge of the company", as well as the "accuracy and adequacy of information in the marketplace" as reasons for halting the...