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Showing 21 - 30 of 100+ results for "Exchange Commission"

Deutsche Bank fined for alleged bribery

ANNABELLE DICKSON  |  MONDAY, 11 JAN 2021
The US Securities and Exchange Commission (SEC) has fined the bank for falsifying payment documentation in relation to third-party intermediaries. Deutsche Bank has agreed to pay more than US$120 million for violations of the Foreign Corrupt Practices ...

GE, Cheesecake Factory pursued for disclosure violations

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
The US Securities and Exchange Commission (SEC) has kicked off the festive season by cracking down on misleading disclosures about cashflow and profitability. On December 4, the SEC announced it would be charging the Cheesecake Factory for misleading ...

Hedge fund switched traders with algorithm

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... replacing its traders with an algorithm that drastically underperformed. An investigation by the US Securities Exchange Commission found UK-based BlueCrest Capital Management omitted critical information from investors where it shifted top traders from ...

Nasdaq proposes diversity rules

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
... an underrepresented minority or LGBTQ+ on boards. Nasdaq has filed the proposal with the US Securities and Exchange Commission that also requests companies to publicly disclose "consistent, transparent diversity statistics" regarding the composition ...

Exemptions to AFSLs explained by ASIC

ELIZA BAVIN  |  THURSDAY, 26 NOV 2020
The Australian Securities and Exchange Commission (ASIC) has provided guidance to trustees of unregistered managed investment schemes in relation to whether they require an Australian financial services licence. The regulator stressed that a trustee ...

SEC chair to depart

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
The chair of the Securities and Exchange Commission (SEC) has announced his intention to depart at the end of 2021, ahead of his term. Jay Clayton has served as chair for over three years and has been one of the longest-serving chairs of the SEC. He ...

Invesco advances active non-transparent ETF

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... the final regulatory stage of having its active non-transparent ETF model approved. The US Securities and Exchange Commission (SEC) published a notice regarding the firm's exemptive application, "indicating its plan to grant the needed relief subject ...

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... agreement with the US Department of Justice, the US Commodity Futures Trading Commission and the US Securities and Exchange Commission. The agreements with the three government agencies resolve investigations into historical manipulative trading practices ...

ETFs undermine product comparison: Research

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... Rainmaker research shows. Clements is advocating for reforms in the industry, firstly calling on the US Securities Exchange Commission to standardise ETP providers' website formats. The industry should also use uniform calculation methodologies for ...

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... investigations by the US Justice Department, the Commodity Futures Trading Commission and the Securities and Exchange Commission into whether traders rigged markets. This would be a record penalty for spoofing, an illegal form of market manipulation ...