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Showing 41 - 50 of 88 results for "US Securities and Exchange Commission"

Former PIMCO chief guilty in admissions scandal

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... Varsity Blues college admissions bribery scandal in the United States. According to the US Securities and Exchange Commission, former PIMCO chief executive Douglas Hodge conspired with Rick Singer and others, beginning in 2012, to pay a total of $525,000 ...

Milestone ETF Rule passed

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2019
... Global regulators are taking notice of the maturation of exchange-traded funds, with the US Securities and Exchange Commission adopting a new rule to modernise their regulation. Twenty seven years on from the launch of the first ETF, the SEC has voted ...

Evidence of "pay to play" in US pension consulting

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... University of Arizona last month, looked at all investment advisory firms registered with the US Securities and Exchange Commission (SEC), their client base, and political contributions. The research found that presence of a government fund client (for ...

SEC adopts retail investor protection package

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
The US Securities and Exchange Commission has adopted a package of fiduciary rules to protect retail investors from financial advisers who put their self-interests first. Under the new rules called Regulation Best Interest and Form CRS Relationship ...

Ponzi scheme fined $1.4bn

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
... returns annually generated from issuing loans to third-party commercial property owners, the US Securities and Exchange Commission alleged. Many of the investors were seniors, investing their retirement savings. In reality, Woodbridge was relying on ...

Celebrities cop $1m crypto fine

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
... Mayweather and music producer DJ Khaled have become the first people to be charged by the US Securities and Exchange Commission for the unlawful promotion of initial coin offerings. Floyd Mayweather and DJ Khaled - real name Khaled Mohamed Khaled - have ...

ASIC tightens grip on ICO issuers

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... regulator has been going after ICOs that don't meet regulatory requirements. In December, the US Securities and Exchange Commission stepped up to halt the ICO of a blockchain meal review app Munchee that sought to raise $15 million. SEC argued Munchee's ...

Credit Suisse under investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2018
... Foreign Corrupt Practices Act and other civil statutes. The Department of Justice and the US Securities and Exchange Commission are among those investigating whether Credit Suisse hired referrals from government agencies and other state-owned entities ...

SEC cracks down on fee transparency

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
The US Securities and Exchange Commission (SEC) announced it will crackdown on financial product providers' fee disclosures the year ahead in a bid to protect mum and dad investors. The SEC made it clear that one of its main priorities this year is ...

Bitcoin bubble will burst in 2018: Survey

KARREN VERGARA  |  MONDAY, 22 JAN 2018
... illegally in violation of existing laws - raises investor protection concerns," IOSCO said. The US Securities and Exchange Commission also issued a stern warning to the asset management industry about the growth in cryptocurrencies and cryptocurrency-related ...