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  • Shkreli's 'Ponzi-like' scheme Thursday, 17 Dec 2015 | 3:09 PM ET
    Shkreli's 'ponzi-like' scheme

    CNBC's Meg Tirrell reports on the securities fraud probe into Martin Shkreli, and the number of public conversation about the Turing CEO.

  • WASHINGTON, Dec 16- James Schnurr, just two months into his job as chief accountant at the U.S. Securities and Exchange Commission, stood before a packed ballroom in Washington last December and upbraided a little-known regulator. PCAOB Chairman James Doty was among those attending the annual accounting-industry gala where Schnurr spoke.

  • BOSTON, Dec 14- Illiquid assets at Third Avenue Management's junk-bond fund skyrocketed before it imploded last week, underscoring an opaque corner of risk in the mutual fund industry that corporate governance experts worry is not policed by outside directors. The biggest meltdown of a mutual fund since the 2008 credit crisis happened as the U.S. Securities...

  • NEW YORK, Dec 11- Eaton Vance Corp has won the last of the approvals it needs from the U.S. Securities and Exchange Commission to launch NextShares, a new breed of exchange-traded funds, the Boston- based company said in a statement. NextShares, a hybrid between actively managed mutual funds and exchange-traded funds, could start trading as early as February, a...

  • WASHINGTON, Dec 11- U.S. regulators are considering restrictions on how mutual, exchange-traded and other funds can use derivatives, with the Securities and Exchange Commission head saying she is concerned that investors are exposed to too much risk. Three out of four SEC commissioners voted to take the proposed rule to the next step on the path to approval, a 90-...

  • U.S. data company Palantir raises $679.8 million Wednesday, 9 Dec 2015 | 7:21 PM ET

    SAN FRANCISCO, Dec 9- Palantir Technologies, the data firm best known for helping the U.S. government track down al Qaeda leader Osama bin Laden, has raised $679.8 million, according to a filing on Wednesday. Morgan Stanley& Co and SF Sentry Securities acted as placement agents, according to the filing with the Securities and Exchange Commission, earning sales...

  • WASHINGTON, Dec 9- The U.S. Securities and Exchange Commission is concerned that financial auditors are not living up to the requirements of securities laws, Chair Mary Jo White told a meeting of certified public accountants on Wednesday. Earlier this month, audit firm Grant Thornton LLP and two of its partners agreed to settle SEC charges that they ignored red...

  • Chipotle shares slide in wake of E.coli fears Monday, 7 Dec 2015 | 5:30 PM ET

    Chipotle shares continued falling as the company faces its first decline in a key sales figure after an outbreak of E. coli.

  • Marvell had said it has been contacted by the Securities and Exchange Commission and the U.S. Attorney's Office regarding the probe. Marvell's accounting and legal troubles may have kept away potential suitors at a time of record consolidation in the semiconductor sector. Marvell estimated revenue of $674.1 million for the third quarter ended Oct. 31, a 27.5...

  • Dec 7- The U.S. Securities and Exchange Commission is preparing to file charges against Credit Suisse Group AG for inflating reports of assets under management in its private bank, the Financial Times reported, citing people familiar with the case. The SEC will allege that Credit Suisse at times improperly counted client assets in the Americas as net new assets...

  • Dec 7- The U.S. Securities and Exchange Commission is preparing to file charges against Credit Suisse Group AG for inflating reports of assets under management in its private bank, the Financial Times reported, citing people familiar with the case. The SEC will allege that starting in 2012, Credit Suisse at times improperly counted client assets in the...

  • U.S. SEC charges 3 Chicago traders with spoofing Thursday, 3 Dec 2015 | 4:48 PM ET

    The SEC initiated proceedings to permanently stop the traders from continuing the alleged conduct. A hearing will be set to determine possible other sanctions for the traders, the SEC said in a statement. In Thursday's SEC civil case, the three traders' "alleged scheme deceived the options exchanges, disadvantaged other market participants, and undermined the...

  • Grant Thornton admitted wrongdoing and will pay a $3 million penalty, as well as forfeit about $1.5 million in audit fees, the SEC said in a release. The audits involved senior housing provider Assisted Living Concepts and alternative energy company Broadwind Energy, the SEC said. Melissa Koeppel, who was involved in the audits for both companies, agreed to pay a...

  • Dec 1- Two bitcoin mining companies and their founder used the lure of quick riches from virtual currency to defraud investors in a $20 million Ponzi scheme, the U.S. Securities and Exchange Commission said on Tuesday. The commission charged GAW Miners LLC, ZenMiner LLC and founder Homero Garza with civil fraud, according to a complaint filed in the U.S. District...

  • Exchange operator BATS Global planning 2016 IPO - WSJ Monday, 30 Nov 2015 | 11:27 AM ET

    Nov 30- Exchange operator BATS Global Markets Inc is expected to file a prospectus with the US Securities and Exchange Commission for an initial public offering as early as December, the Wall Street Journal reported on Monday. BATS is valued at more than $2 billion, including debt, WSJ said, citing people familiar with the matter. BATS spokesman Randy Williams...

  • SANTIAGO, Nov 26- Chile's financial regulator said on Thursday it had fined Santiago- based businessman Juan Bilbao Hormaeche some $3.2 million for using insider information to trade shares of drug company CFR Pharmaceuticals SA. The move came about a month after the U.S. Securities and Exchange Commission reached a $13.2 million dollar settlement with...

  • Abengoa Yield replaces board chairman Thursday, 26 Nov 2015 | 2:23 AM ET

    MADRID, Nov 26- Santiago Seage, chairman of the board of Abengoa Yield, the U.S. business of Spain's Abengoa, has stepped down, according to a statement to U.S. Securities and Exchange Commission late on Wednesday. Seage remains chief executive of Abengoa and a managing director of Abengoa Yield, the company said in the statement. Abengoa Yield named current lead...

  • BOSTON, Nov 25- In a setback for Franklin Resources Inc that could have implications for other asset managers, a U.S. regulator declined to let the California company skip a shareholder vote over its record on climate change, according to materials provided by activists on Wednesday. The decision by a U.S. Securities and Exchange Commission official should help...

  • Ex-Goldman employee charged with insider trading Wednesday, 25 Nov 2015 | 3:36 PM ET
    A Goldman Sachs sign hangs on the floor of the New York Stock Exchange.

    A former Goldman Sachs employee stole confidential information from the Wall Street powerhouse, USA TODAY reports.

  • Andrew Ceresney, the head of enforcement for the Securities and Exchange Commission, announced the new requirement in remarks at the annual International Conference on the Foreign Corrupt Practices Act. Ceresney told Reuters on the sidelines of Tuesday's conference that the change in the SEC's policy was not prompted by the Yates memo and that in practice,...