The SEC has announced fraud charges and an asset freeze against a trader at a Dallas-based investment advisory firm.
The SEC has charged four people with ties to a New York City brokerage firm in a scheme involving millions of dollars in illicit bribes paid to a high-ranking Venezuelan finance official to secure the bond trading business of a state-owned Venezuelan bank. According to the SEC’s complaint filed in federal court in Manhattan, the […]
Level Global Investors LP has agreed to pay more than $21.5 million to settle charges that its co-founder, who also served as a portfolio manager, and its analyst engaged in repeated insider trading in the securities of Dell Inc. and Nvidia Corp.
The Securities and Exchange Commission has charged Capital One Financial Corporation and two senior executives for understating millions of dollars in auto loan losses incurred during the months leading into the financial crisis.
The banker obtained information through his job of pitching investment ideas to the Canada Pension Plan Investment Board.
The Securities and Exchange Commission has charged the former partner in charge of KPMG's Pacific Southwest audit practice and his friend with insider trading on nonpublic information about firm clients.
Mary Jo White was sworn in this morning as the 31st Chair of the SEC.
The SEC has charged a former employee at a California-based medical device manufacturer with illegally tipping confidential financial data to her brother, who illegally traded in the company’s stock and enabled his hedge fund clients to do the same. The SEC alleges that ThanhHa Bao, who worked in the finance department at Abaxis Inc., regularly […]
The SEC says it’s okay for U.S. companies to use social media to announce key information, so long as investors have been alerted about which form of social media will be used. Read: Former SEC head joins consulting group “Most social media are perfectly suitable methods for communicating with investors, but not if the access […]
Mary Schapiro, former chairman of the SEC, has taken a position as managing director at Promontory Financial, a consulting group. She’ll lead the firm’s governance and markets practice. Promontory is a strategy, risk-management, regulatory, and compliance consulting firm that serves clients worldwide, including many of the largest banks and other financial services companies. Read: SEC […]