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Showing 21 - 30 of 446 results for %22Securities and Exchange Commission%22

Bloomberg pays US$5m in SEC charges

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
The finance juggernaut has agreed to fork out US$5 million in penalties to the Securities and Exchange Commission (SEC) following charges related to its fixed income valuations. The SEC alleged that Bloomberg Finance LP misled disclosures relating to ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... relation to ESG investing by the Trump Administration. In conduct stretching from April 2017 to February 2020, the Securities and Exchange Commission alleged Goldman Sachs had several failures in relation to two mutual funds and one separately managed ...

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
... has declined by 9.37% over the past seven days. Bitcoin also saw a decline of 5.7% and Ethereum dropped by 10%. ETF Securities: Crypto Weekly Report revealed that in the US the Securities and Exchanges Commission (SEC) has been investigating insider ...

SEC fines UBS Financial Services over fraud charges

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... was sold to about 600 investors through financial advisers between February 2016 and February 2017, according to the Securities and Exchange Commission. The SEC said that during this time advisers were not given adequate training or oversight of the ...

3iQ introduces inaugural Australian products

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... product that was not in the public interest. However, after a successful court appeal that ruled the Ontario Securities Exchange had overstepped its regulatory role, the floodgates to Canadian markets and the world opened. Founder and executive director ...

DWS chief resigns amid greenwashing claims

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
... currently two investigations underway into the matter, this one in Germany and another being undertaken in the US by the Securities and Exchange Commission. Woehrmann said that he would like to clear the way for a fresh start, to protect both the institution ...

Deutsche Bank, DWS raided over greenwashing

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUN 2022
... into allegations of extensive greenwashing. The investigation by the German regulator, BaFin, aligns to that of the US Securities and Exchange Commission which was launched following allegations from DWS's former group sustainability officer that the ...

SEC proposes new disclosure for ESG funds

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022
The US Securities and Exchange Commission (SEC) has proposed a disclosure regime for ESG-related funds and advisers that would see funds broken down into three categories of strategies. The proposed changes would see three broad categories for ESG strategies ...

BNY Mellon subsidiary to pay US$1.5m over ESG misstatements

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
BNY Mellon Investment Adviser will pay US$1.5 million to settle charges brought by the Securities and Exchange Commission (SEC) for misstatements and omissions about ESG considerations in making investment decisions for certain mutual funds that it ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... Investors and three of its former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission charged Allianz ...