Part one of a two-part series on the use of senior designations to imply expertise with senior and retirement investing.Read full story
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Citigroup, the third-biggest U.S. lender, agreed last month to pay $285 million to settle a claim by the Securities and Exchange Commission that it misled investors in a $1 billion collateralized debt obligation linked to subprime residential mortgage securities, who then lost about $700 million.Read full story
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Topix SEC NewsDhaka stocks suffered a massive plunge on Sunday, prompting a number of retail investors, uncertain about the efficacy of the capital market stimulus package announced by the Securities and Exchange Commission and its implementation, to take to the streets.Read full story
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Topix SEC NewsLarge and small companies have told Republican-led congressional committees what the party wants to hear: dire predictions of plant closings and layoffs if the Obama administration succeeds with plans to further curb air and water pollution.Read full story
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Topix SEC NewsThe following is an excerpt from a speech by Mary L. Schapiro, chairman of the Securities and Exchange Commission, to TheCorporateCounsel.Net’s conference Nov.Read full story
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Topix SEC NewsNext For all its social snootiness, Wall Street has suffered far more from the meddling of members of its own class than from intrusions by those outside it.Read full story
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Topix SEC NewsCredit Suisse said on Thursday it would close a U.S.-based offshore unit which caters to wealthy Americans but is registered with the Securities and Exchange Commission, part of an overall effort to slash private-banking costs.Read full story
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Topix SEC NewsWhen Warren Buffett recently disclosed a 5.4% position in International Business Machines , it took almost everyone by surprise.Read full story
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While most Americans will have to pinch pennies to come up with extra cash this holiday season, our leaders in Congress won’t have much to worry about.Read full story
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Topix SEC NewsLarge and small companies have told Republican-led congressional committees what the party wants to hear: dire predictions of plant closings and layoffs if the Obama administration succeeds with plans to further curb air and water pollution.Read full story
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A U.S. Securities and Exchange Commission graphic appears on a computer screen at the SEC headquarters in Washington, June 24, 2011.Read full story
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Topix SEC NewsFifth Third Bancorp and the main U.S. securities regulator settled on Wednesday allegations the regional bank failed to adequately notify all investors it was repurchasing certain securities.Read full story
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This unusual rationale is presented by the bank executive in one of the few fraud suits brought against a mortgage banking official in the aftermath of the financial crisis–the one filed by the Securities and Exchange Commission against … Read the full story at CNBC U.S. punished by events in Europe, China Worries about Europe […]
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A few months ago, I wrote about how Groupon had been using a non-GAAP accounting metric , “adjusted consolidated segment operating income,” to explain its past performance - a practice the online coupon company has since given up.Read full story
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Topix SEC NewsA top Securities and Exchange Commission lawyer is leaving the world of civil enforcement to lead the criminal division of the Manhattan U.S. attorney’s office, according to an email reviewed by Reuters.Read full story
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Topix SEC NewsComcast said Wednesday that it has promoted executive vice president and chief financial officer Michael Angelakis to vice chairman and CFO and has reached a new employment agreement with the executive through 2016, according to a filing with the Securities and Exchange Commission.Read full story
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Topix SEC NewsThe specter of a Foreign Corrupt Practices Act investigation and potential fines or penalties has become a real source of angst for U.S.-based companies that do business overseas.Read full story
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Egerdal, who previously worked for the service employees union in St. Louis, is heading to the SEC — no, not Missouri’s new athletic conference, but the Securities and Exchange Commission, the government’s Wall Street watchdog.Read full story
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Ex-Charles Schwab Corp. investment company manager Randall Merk agreed to pay a $150,000 civil fine to resolve a Securities and Exchange Commission lawsuit accusing the company of misleading investors in its YieldPlus fund.Read full story
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The Easy Question in Financial Regulation, by Jeff Frankel : Many questions in the field of financial regulation are hard to answer: Would the separation of commercial banking and investment banking help prevent crises? To what extent should individual consumers be protected against foolishly borrowing too much? Should Credit Default Swaps be … (more)Read full […]
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Webster Financial Corp., Waterbury, Conn., received court approval to settle longstanding litigation over a condominium project in Columbus, Ohio, that had previously resulted in an almost $19 million verdict.Read full story
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Gary D. Cohn, the president of Goldman Sachs, is expected to be interviewed by the government in its insider-trading case against Rajat K. Gupta, a former director of the bank.Read full story
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Digital Domain Media Group is typically known for its work on special effects-driven movies such as “Transformers” and “Thor”. Digital Domain Media Group downsized its initial public offering by selling 5 million shares for $8.50 per share.Read full story
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Federal attorneys want a U.S. District Court judge to do what a jury would not: rule that former Enterasys Networks chief operating officer Jerry Shanahan tried to hide terms of an agreement from auditors in order to inflate revenue during a crucial quarter in 2001, when Cabletron Systems was spinning off the company.Read full story
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Topix SEC NewsThe capital market regulator is likely to come up with a positive announcement today following the prime minister’s instruction to take some immediate measures to stabilise the market.Read full story
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A regular scan of Securities and Exchange Commission filings by corporate insiders can point the way to great investment opportunities.Read full story
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Topix SEC NewsTongkah Harbour Plc, the only gold miner listed on the SET, is again in the spotlight as the stock exchange continues to suspend trade in THL shares, even though the company has filed its first-quarter results for 2011.Read full story
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Topix SEC NewsTwo weeks ago, MF Global was hardly a household name. But its startling collapse is a sober reminder that whatever the root causes of the financial meltdown, they may not have been completely fixed.Read full story
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Transocean Ltd. 4 Greenway Plaza PO Box 2765 Houston, Texas 77252 USA Tel.: 713-232-7500 Fax: 713-232-7031 Correo electrnico: info@houston.deepwater.com 2011-11-16 Transocean Ltd.Read full story
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Topix SEC NewsBoca Raton resident John A. Mattera stands accused by the SEC - the Securities and Exchange Commission - of taking part in a scam to offer pre-IPO shares of hot stocks like Facebook and Groupon .Read full story
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Boca Raton Private Equity firm Chairman John A. Mattera - who runs “The Mattera Fund” A has been accused by the Securities and Exchange Commission of trying to take advantage of investors hoping to get in on the ground level of the IPO’s of Facebook, Groupon, and others.Read full story
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This podcast focuses on guidance for applying FINRA’s Communications With the Public Rule and filing communications with FINRA for review.Read full story
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Yahoo! Inc. , through a wholly owned subsidiary, is commencing today an all cash tender offer to acquire the outstanding shares of common stock of interclick, inc.Read full story
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Topix SEC NewsThe U.S. government is not taking advantage of an enforcement tool that could potentially hold top Wall Street figures accountable for their role in the recent financial crisis, despite its prior success.Read full story
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Topix SEC NewsLinkedIn and its early investors plan to sell at least 8 million shares in the company in a follow-up offering to its May IPO, a move that would nearly double the amount of stock available in the company on the open market.Read full story
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Whistleblowers alleging that two banks overcharged clients for currency trades could provide an early test of a new U.S. program to encourage tips of possible financial wrongdoing.Read full story
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Topix SEC NewsThe battered index of Dhaka Stock Exchange has soared over seven percent, hours before prime minister Sheikh Hasina is to have an emergency meeting on the capital market on Wednesday evening.Read full story
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Topix SEC NewsTHE WOODLANDS, Texas, Nov. 11, 2011 /PRNewswire/ — Lexicon Pharmaceuticals, Inc.Read full story
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Topix SEC NewsIf you ever find yourself before a judge, try this: “We do not admit the allegations.Read full story
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Topix SEC NewsPartner Communications Reports That Midroog Has Reapproved the ‘Aa3′ Rating of the Company’s Series A Notes with a Change in Outlook to Negative reports that Midroog Ltd.Read full story
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Topix SEC NewsThe Securities and Exchange Commission is being flooded with support for a proposed regulation that would undo at least some of the effects of the U.S. Supreme Court ruling in Citizens United vs.Read full story
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Regulators are closing in on new rules for money market funds that they have been hinting at for almost two years.Read full story
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Looking at MF Global’s bankruptcy - over-leveraged and under-capitalised - I must ask: have we learned anything since 2008? Jon Corzine stepped aside as CEO of MF Global, after it filed for Chapter 11 bankruptcy protection and revealed $600m in missing client funds.Read full story
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So it is coming down to this: a capital buffer or - hold on to your portfolio P&L - a floating net asset value.Read full story
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Seven employees of the Securities and Exchange Commission have been disciplined, but no one has been fired, after investigations into how the agency failed to stop Bernard Madoff’s massive Ponzi scheme despite repeated warnings that he was stealing billions of dollars from investors, The Washington Post reports .Read full story
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CAMP HILL, Pa., Nov. 11, 2011 InsuranceNewsNet Magazine, the No.1 news source for the life insurance and annuities industry, won three min Editorial & Design Awards, including the most prestigious Breaking News Award for Business-to-Business publications.Read full story
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Topix SEC NewsPortland-based Rentrak - a media measurement company that works with television stations and movie production studios - revealed the extensions in a filing Thursday with the Securities & Exchange Commission.Read full story
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The final podcast in this series explains how the new FINRA continuing education requirements rule applies to operations professionals.Read full story
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Topix SEC NewsIn this May 10, 2011 file photo, Raj Rajaratnam co-founder of Galleon hedge fund group leaves U.S. District Court after jury deliberations in New York.Read full story
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BEIJING, Nov. 8, 2011 /PRNewswire-Asia-FirstCall/ — Fushi Copperweld, Inc. , the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, today issued new financial tables that correct certain administrative errors in the tables … (more)Read full story
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Under a measure that passed the House last Thursday, you may soon be able to invest in a portfolio of your favorite independent businesses.Read full story
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Topix SEC NewsLet’s say there are two models of how to run a financial system: make it transparent and give participants the tools they need to evaluate counterparties, or leave it opaque and trust regulators to keep things safe.Read full story
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A coalition of 40 investment professionals, foundations, religious investors, and financial planners have come out in support of a proposal to require public companies to disclose their spending on political campaigns.Read full story
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Topix SEC NewsEastman Kodak Co. warned Thursday that it won’t be able to fund its businesses if it can’t squeeze more money out of its patent portfolio or raise new funds by selling debt.Read full story
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Can we all agree that a $1 billion swindle represents a lot of money, and the fact that Citigroup agreed last week to pay a $285 million fine to settle SEC charges for “misleading investors” demonstrates a damning admission of culpability? Former Citigroup Chief Executive Officer Charles Prince, left, and former Treasury Secretary Robert Rubin, […]
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According to a recent Gallup poll, more than one quarter of small business owners said an increase in revenues what would be what stimulates them to hire new employees in the coming year.Read full story
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Topix SEC NewsThe division, U.S. Trust, said Thursday that Robert W. Kamme joined the Silicon Valley outpost as a senior vice president and private client adviser, while Jeffrey Quijano was hired as a senior trust officer.Read full story
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Goldman Sachs , the most profitable investment bank in Wall Street history, went through a bit of a rough patch during the economic downturn.Read full story
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Topix SEC NewsThe Obama administration’s efforts to fix the housing crisis may have fallen well short of helping millions of distressed mortgage holders, but they have led to seven-figure paydays for some top executives at troubled mortgage giants Fannie Mae and Freddie Mac.Read full story
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CN expects to use net proceeds from the sale of debt securities under the shelf prospectus for general corporate purposes, including the redemption and refinancing of outstanding debt, share repurchases, acquisitions, and other business opportunities.Read full story
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Topix SEC NewsA.B. Data Ltd. will distribute the money from settlements with Morgan Keegan & Co.Read full story
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Topix SEC NewsChris Cox, the former Newport Beach Congressman and chairman of the Securities and Exchange Commission, will give a talk titled “Unhealthy Balance Sheets: The New Systemic Risk” on Nov.Read full story
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Topix SEC NewsMichael Bloomberg is yet again treating Wall Street protesters’ gripes with his unique style of empathy, “utter dismissiveness.” The billionaire, who can thank the robust growth of the financial services sector over the decades for his fortune, knows the truth! The banks did nothing wrong; it was all Fannie Mae, Freddie Mac and […]
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Revisit the latest FINRA Notices, compliance resources and news from October 2011.Read full story
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