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Showing 331 - 340 of 816 results for "Settlement"

Blockchain startup raises $68m, ordered to return funds

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... and will cough up a $500,000 penalty. The SEC's Boston associate director for enforcement, John Dugan, said the settlement will provide compensation to wronged investors. "All investors are entitled to receive certain information from issuers in ...

Amish community scammed

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... violating the antifraud provisions of the federal securities laws. Riehl has agreed to settle the charges against him. The settlement, which is subject to court approval, provides for return of allegedly ill-gotten gains plus prejudgment interest. Riehl ...

Shareholder activism on the rise

ALLY SELBY  |  FRIDAY, 17 JAN 2020
Shareholders are demanding changemore than ever before. That is, according to financial advisory and asset management firm Lazard, and its 2019 review of shareholder activism. The report found that 147 investors launched new campaigns against companies ...

Industry fund strengthens board

HARRISON WORLEY  |  MONDAY, 13 JAN 2020
A $12 billion industry superannuation fund has continued its shift towards a more independent board, adding a new director. Local Government Super appointed experienced director Claudia Bels to its board, as the fund continues to broaden the diversity ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... impact the RBA's "mandates as the issuer of Australia's banknotes, operator of Australia's real-time gross settlement system, and its responsibilities for the stability of the financial system and the stability and efficiency of the payments ...

Former Challenger executive joins ASX board

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... chairman Rick Holliday-Smith said. "Rob has served for the past four years as a director on our subsidiary clearing and settlement boards, including as Chairman of ASX Clear Pty Limited and ASX Settlement Pty Limited, the licensees for our cash equities ...

Google to pay ATO $481.5m

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... of cases which had over $1 billon in back tax assessments." ATO deputy commissioner Mark Konza said the Google tax settlement was a "great outcome". "It adds to the significant success of the ATO in positively changing the behaviour of digital taxpayers ...

Former Goldman Sachs exec charged over $62m bribery

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
... Goldman Sachs. Leissner, who is married to fashion designer and TV personality Kimora Lee Simmons, has agreed to a settlement that sees him permanently barred from the securities industry. According to the SEC, in 2012 Leissner started bribing high ranking ...

Pershing Securities breaches client money obligations

ALLY SELBY  |  WEDNESDAY, 11 DEC 2019
Pershing Securities Australia has been charged after breaching client money obligations. The clearing and settlement solutions provider was charged with two counts of failing to pay client money into an account and one count of failing to comply with ...

US reaches $1bn settlement over 1MDB scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
The US Department of Justice has reached a settlement in its case against assets acquired by Low Taek Jho, also known as Jho Low, and his family. Jho Low allegedly misappropriated funds from Malaysia's sovereign wealth fund, 1Malaysia Development Berhad ...