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Showing 21 - 30 of 41 results for "Division of Enforcement"

Rapper charged over crypto scandal

ALLY SELBY  |  MONDAY, 14 SEP 2020
... securities as they do to investors in more traditional forms of securities," associate director in the division of enforcement Carolyn Welshhans said. "As alleged in the SEC's complaint, Felton victimised investors through material misrepresentations ...

Fund manager charged with fraud

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... misconduct by trying to persuade the other bidder not to describe Kamensky's conduct as a threat." The SEC division of enforcement's complex financial instruments unit chief Daniel Michael said this type of "deceptive conduct" has no place in securities ...

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... we will continue to pursue violations that undermine this priority," said LeeAnn G. Gaunt, chief of the Division of Enforcement's Public Finance Abuse Unit. The order includes a US$1.75 million penalty, US$6.74 million in disgorgement of ill-gotten gains ...

US regulator settles with Ares

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
... they will obtain nonpublic material information through their representative occupying dual roles," SEC division of enforcement associate director Anita B. Bandy said. Ares Management LLC is a wholly-owned subsidiary of NYSE-listed Ares Management Corporation ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... Community Bank also pressured customers to buy products they did not need and would not use." The SEC's Division of Enforcement co-director, Stephanie Avakian, said the bank also misled investors with inconsistent disclosures. "Wells Fargo repeatedly ...

Tropical theme Ponzi scheme busted

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
... senior citizens and small business owners," said Carolyn Welshhans, associate director in the SEC's Division of Enforcement.

Advisers to return US$125m in fees

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
... benefits for Main Street investors, including through improved disclosure. Also, I am once again proud of our Division of Enforcement for their vigorous and effective pursuit of matters that substantially benefit our long-term, retail investors," he ...

ASIC user-pay model "eminently sensible": SEC veteran

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
... more efficient and less politically-motivated regulator, according to former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas. Speaking to Financial Standard, Thomas, now chair of Labaton Sucharow's ...

Australian system needs "substantial reassessment": SEC veteran

ALEX BURKE  |  TUESDAY, 19 APR 2016
In light of news about a potential Royal Commission, former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas has said Australia's financial system could benefit from "substantial reassessment." ...

SEC charges US adviser with pension fund theft

ALEX DUNNIN  |  THURSDAY, 13 JUN 2013
... and surviving spouses and children to buy strip malls," said Andrew Ceresney, co-director of the SEC's Division of Enforcement. "To make matters worse, other senior officers at the firm joined together with him to cover up his deceitful and grave betrayal ...