The complaint has been filed on behalf of purchasers of NYSE-listed TD stock.
Morgan Stanley has agreed to pay a US$8-million penalty and admit wrongdoing to settle SEC charges related to single-inverse ETF investments the firm had recommended to advisory clients. The SEC found Morgan Stanley didn’t adequately implement its policies and procedures to ensure that clients understood the risks involved with purchasing inverse ETFs, an instrument used […]
President Donald Trump is set to sign orders that will have a major impact on Wall Street.
The Securities and Exchange Commission today announced that New York-based asset manager BlackRock Inc. has agreed to pay a US$340,000 penalty to settle charges.
The SEC says a Connecticut-based investment advisor has agreed to admit wrongdoing and pay more than US$575,000 to settle charges that he defrauded a client. The regulatory adds that the advisor then compounded his scheme by attempting to mislead SEC investigators while lying to other clients about the status of the SEC’s investigation. According to […]
The SEC announced an award of more than US$900,000 to a whistleblower on Friday--the second award in less than one week.
SEC Chair White will leave "two critical initiatives" in the hands of her successor.
Securities and Exchange Commission Chair Mary Jo White has announced that she intends to leave at the end of the Obama Administration.
The Securities and Exchange Commission has announced an award of more than $20 million to a whistleblower.
The SEC investigated a record-breaking 160 cases against advisors in the past year.