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Showing 161 - 170 of 233 results for "Exchange Commission"

SEC charges New Jersey with fraud

RUTH LIEW  |  FRIDAY, 27 AUG 2010
... bond offerings and underfunding two of the state's largest pension funds. Mid this month, the Securities and Exchange Commission charged New Jersey with securities fraud for "misrepresenting and failing to disclose to investors in billions of dollars ...

SEC launches new divisions to protect investors

SEC RELEASES  |  TUESDAY, 20 JUL 2010
US-based Securities and Exchange Commissions has created three specialised corporate finance divisions that will oversee large financial institutions, asset backed securities and structured products. The newly created disclosure office will expand the ...

Saved by BP and Goldman

BENJAMIN ONG  |  FRIDAY, 16 JUL 2010
... days. Lawsuit settled. Goldman Sachs scripts rose by 4.4 per cent first on speculation that the Securities and Exchange Commission (SEC) would announce a settlement of its fraud case. The SEC did after the closing bell. In settling the fraud charges ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 JUL 2010
... Goldman Sachs Group is settling the government's civil fraud charges. As word spread that the Securities and Exchange Commission had scheduled a late-afternoon announcement, investors began buying on the belief that the government and Goldman Sachs had ...

SEC hunts BP oil spill scammers

RUTH LIEW  |  THURSDAY, 1 JUL 2010
... oil-drilling platform off the coast of Louisiana," the SEC said in a statement. "The staff of the Securities and Exchange Commission and FINRA are issuing this alert to warn investors about potential scams that exploit the Gulf oil spill and related ...

Vanguard to release 19 more ETFs

MICHAEL HOBBS  |  MONDAY, 28 JUN 2010
... has registered the 19 new funds and ETFs, in addition to the Vanguard S&P 500 ETF, with the Securities and Exchange Commission (SEC). Robin Bowerman, head of retail at Vanguard Investments Australia, said the firm wants to provide institutional clients ...

NY firm defrauds billion dollar CDOs

RUTH LIEW  |  TUESDAY, 22 JUN 2010
The US' Securities and Exchange Commission has charged a New York-based investment firm and three of its affiliates for defrauding four multi-billion dollar collateralised debt obligations. According to a press statement, the SEC alleged ICP Asset Management ...

US Commission subpoenas Goldman Sachs

RUTH LIEW  |  TUESDAY, 15 JUN 2010
... production of books, records, correspondence, memoranda, papers, and documents." In April, the Securities and Exchange Commission (SEC) charged Goldman Sachs and one of its vice presidents for fraud relating to subprime mortgages. The SEC is charging ...

US wants pause button in volatile markets

MICHAEL HOBBS  |  WEDNESDAY, 19 MAY 2010
... cent or more in five minutes. This proposal follows a meeting of exchanges, including the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), in May when approximately 30 stocks on the S&P 500 fell in ...

Market Wrap - Morning

AAP  |  MONDAY, 10 MAY 2010
... that a dealer there had mistaken billions for millions setting off the record plunge. But the Securities and Exchange Commission and the Commodity Futures Trading Commission said the agencies and exchanges were "to review the unusual trading activity" ...