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  • SEC to vote on IEX stock exchange

    Tom Farley, NYSE president, provides insight to the SEC's vote on the approval of a controversial new national stock exchange.

  • In a lawsuit filed in federal court in Hammond, Indiana, the SEC said Salis' friend, Douglas Miller, then told his brother, Edward Miller, and a mutual friend, Barrett Biehel. The SEC also said Salis, 39, in 2007 told Douglas Miller, who co-owns a cash wash in Indiana with his brother, to non-public information in advance of a tender offer by SAP for Business Objects, Salis'...

  • In a lawsuit filed in federal court in Hammond, Indiana, the SEC said a Salis friend, Douglas Miller, then tipped his brother, Edward Miller, and a mutual friend, Barrett Biehel. The SEC said Salis, 39, in 2007 also tipped Douglas Miller, who co-owns a cash wash in Indiana with his brother, to non-public information in advance of a tender offer by SAP for Business Objects,...

  • WASHINGTON, June 16- The U.S. Securities and Exchange Commission said on Thursday that it had charged with insider trading a former SAP America executive and three friends who made more than $500,000 based on his illegal tip about an impending merger.

  • Traders work at the Goldman Sachs Group Inc. booth on the floor of the New York Stock Exchange.

    CNBC has obtained a document detailing more than 180 phrases flagged for scrutiny by Goldman Sachs' email monitoring system.

  • Nasdaq has suggested any SEC approval could be challenged. The SEC has a June 18 deadline to act on the proposal. An SEC spokeswoman declined comment the commission would meet that day.

  • NEW YORK, June 14- The U.S. Securities and Exchange Commission is preparing to act on a controversial request by new trading group IEX Group Inc to launch a new U.S. public stock exchange, and has received a recommendation from its staff that it approve the exchange, according to a Wall Street Journal report on Tuesday. Nasdaq has suggested that any SEC approval...

  • Officials in Massachusetts and Montana objected, though, saying the SEC standard could harm the public. The U.S. Court of Appeals for the District of Columbia on Tuesday sided with the SEC and said the agency had "complied with its statutory obligation" to protect investors while meeting the mandate of the JOBS Act. The court ruled that the SEC had a right to tailor...

  • SEC supporting approval of IEX app: DJ

    The SEC staff is supporting an approval of the IEX Exchange application, according to the Dow Jones.

  • Jack Ma, founder of Alibaba Group Holding Ltd. at the 2014 CGI annual meeting in New York.

    Silicon Valley investor Jason Calacanis says he's not comfortable buying Alibaba's stock, even though the company is expecting big sales growth.

  • Senator Elizabeth Warren publicly rebuked Securities and Exchange Commission Chair Mary Jo White on Tuesday, accusing her of overseeing a corporate disclosure project that puts companies' interests ahead of investor protection. "Your job is to look out for investors, but you have put the interests of the Chamber of Commerce and their big business members at...

  • The SEC was not immediately available for comment. Administrative proceedings also offer procedural advantages that can make it easier for the SEC to win. The SEC accused Duka, a former head of S&P's commercial mortgage-backed securities group, of concealing how the agency had eased its criteria for calculating some ratings in 2011..

  • NEW YORK, June 10- IEX Group, the alternative trading system seeking to become a U.S. stock exchange, on Friday asked regulatory authorities for guidance on a rule regarding proprietary trading, a request IEX said will not delay a deadline next week for its exchange application. Sophia Lee, general counsel at IEX, requested guidance from staff at the Securities and...

  • He agreed to give up $657,000 to the U.S. Securities and Exchange Commission and to a court-appointed receiver to which he also owes money. According to a criminal complaint, he made $657,000 selling antiques in 2012, the year after the U.S. Securities and Exchange Commission won a $3.4 million judgment against him. Authorities say Olins conspired with an...

  • NEW YORK, June 10- Viacom Inc warned on Friday that its shares could fall as a result of a bylaw change by controlling shareholder Sumner Redstone to restrict Viacom's planned sale of a stake in its Paramount film unit. On Monday, Redstone's National Amusements Inc, which holds 80 percent of Viacom voting shares, amended the bylaws of Viacom to require unanimous...

  • June 9- A Chinese optical physicist who did consulting work for two Chinese private equity firms agreed to pay nearly $757,000 to settle U.S. Securities and Exchange Commission insider trading charges over a proposed buyout of a Silicon Valley company, the regulator said on Thursday. OmniVision shares rose 15 percent after the Aug. 14, 2014, announcement of a...

  • According to the SEC, Morgan Stanley violated a federal regulation known as the Safeguards Rule by failing to properly protect customer data, allowing Marsh to access names, addresses, phone numbers, and account holdings and balances. "Given the dangers and impact of cyber breaches, data security is a critically important aspect of investor protection," Andrew...

  • NEW YORK, June 7- Lending Club Corp delayed its annual meeting on Tuesday, saying it was not ready to provide stockholders with a complete report on the state of the company after founder Renaud Laplanche resigned last month as chief executive officer. In a separate filing with the U.S. Securities and Exchange Commission, Scottish investment firm Baillie...

  • June 7- Akamai Technologies Inc and Nortek Inc have agreed to pay U.S. regulators profits made as a result of bribes the U.S. companies' units paid to Chinese officials, in exchange for avoiding prosecution, the SEC said on Tuesday. Under the agreements, neither company was charged with violations of U.S. foreign bribery laws for the "improper" payments and gifts...

  • June 7- Two companies have entered agreements with the U.S. Securities and Exchange Commission to avoid charges related to the payment of bribes to Chinese officials by their foreign subsidiaries, the agency said on Tuesday. Akamai Technologies Inc will pay $652,452 plus $19,433 in interest, and Nortek Inc will pay $291,403 plus $30,655 in interest.