Under the stewardship of Mary Jo White, Chairperson of the SEC, the US regulator is pursuing a “Broken Windows” enforcement strategy, as used to great effect by the New York police department in the 90s. In recent times, the SEC
Moody’s outlines six things to watch for in the wake of new US money fund rules… 1. Will money fund managers alter their investment strategies? Yes. VNAV pricing will help keep sponsors on the straight and narrow. Watch for more
The United States District Court for the District of Utah has entered a final judgment, dated 16 September, 2011, against Erin O’Malley, f/k/a Erin O Mowen. O’Malley is the former spouse of convicted felon and securities law recidivist, Jeffrey L
The US Commodity Futures Trading Commission (CFTC) has filed and settled charges against JP Morgan Securities (JPMS), a futures commission merchant (FCM), for submitting inaccurate reports relating to the positions held by large traders whose accounts are carried by JPMS.
SEC trading rules may be providing dark venues a regulatory advantage over traditional stock exchanges, according to research by The Capital Markets Cooperative Research Centre (CMCRC). Soon to be published in The Journal of Financial Economics, the paper says that
The Commodity Futures Trading Commission (CFTC) is seeking public comment on proposals to change its regulations regarding customer funds deposited
The Council of Institutional Investors has applauded the Securities and Exchange Commission for proposing ways to make it easier for shareowners to nominate their own candidates for dir
Credit Suisse’s Advanced Execution Services (AES) has joined REDI Global Technologies’ broker-neutral platform – the REDIPlus Execution Management System (EMS). “Credit Suisse’s AES brings tremendous global reach and cross-asset capabilities to our platform,” says Rishi Nangalia, CEO of REDI Global Technologies.
The former chief operating officer (COO) at Harbinger Capital Partners is to settle SEC charges that he assisted a scheme by the firm and its owner Philip A Falcone to misappropriate millions of dollars from a hedge fund they managed.
The Securities and Exchange Commission (SEC) has charged a Citigroup business unit operating an alternative trading system (ATS) with failing to protect the confidential trading data of its subscribers. New York-based LavaFlow Inc. has agreed to pay USD5 million to
