Displaying 133 results
Exec settles insider trading case
The SEC has settled with the owner of an investor relations firm who illegally traded the stock of Manatron Inc., an information technology company.
‘Portfolio pumping’ scheme foiled by SEC
San Francisco hedge fund MedCap Management & Research LLC and its principal, Charles Toney, were charged today by the Securities and Exchange Commission with reporting misleading results by “portfolio pumping.”
SEC distributes $32 million to investors
The Securities and Exchange Commission has distributed most of a $32 million Fair Fund to over a half a million current and former Ameriprise Financial Services Inc. customers
Firm to pay $11.4 million for defrauding investors
Two units of Regions Financial Corp. have agreed to pay $11.4 million to settle an enforcement action with the Securities and Exchange Commission, which accused them of defrauding mutual fund investors by misappropriating fees.
Franklin Advisers clients to receive $49 million
More than 1 million investors who held mutual funds managed by Franklin Advisers Inc. who were victims of improper market timing will receive roughly $49 million in Fair Fund distribution, the SEC announced today.
Ex-broker stole $1.4M from couple, panel finds
Facing jail time, a former branch manager for Banc of America Investment Services Inc. and A.G. Edwards & Sons Inc. owes two former clients $4.5 million after losing an arbitration claim last month.
SEC fines ‘unscrupulous promoter’ $510,000
The SEC accused Donald H. Allen and his companiesof raising around $9.9 million from 350 investors and failing to disclose that no profits had been generated.
Hedge trader slapped with $291M fine
Paul Eustace will pay more than $279 million in restitution to settle charges that he defrauded commodity pool participants.
SEC deals out $48M to Vivendi victims
The settlement affects 12,115 defrauded investors from 16 countries, including the United States.
E*Trade fined $1 million by SEC
The firm will pay $1 million to settle allegations that it failed to abide by U.S. anti-money-laundering rules.
United Healthcare hit with hefty fine
The insurance company will pay $786,655.87 as part of a settlement with the North Carolina insurance department.
CFO fined $400G for cooking books
The SEC charged a database producer and an ex-exec with accounting fraud that lost the firm more than $437 million.
SEC to pay out $103 million in Fair Funds
The SEC’s settlement is with Banc of America Capital Management LLC and its affiliates.
NYSE Reg disciplines three firms
J&D Securities was fined $75,000 for withdrawing more than 30% of a firm's excess net capital without giving regulators notice.
Conseco to pay $2.3M for bad practices
Regulators discovered lapses in the company’s long-term-care insurance claims and complaints processing.
Conseco to pay $2.3M for bad practices
Regulators discovered lapses in the company’s long-term-care insurance claims and complaints processing.
NYSE Reg disciplines six firms
Bear Stearns, Citigroup, Goldman Sachs, Morgan Stanley were among those fined $100,000 and censured.
Investor fined for using inside information
The SEC has fined Harry H. Yim $79,581 for trading in Invitrogen Corp. stock upon learning of non-public information.
Father and son fined for insider trading
A former director of Community Bancorp and his son will pay more than $73,000 to settle charges with the SEC.
Fine against American Funds upheld
A $5 million fine against the American Funds for making illegal directed brokerage payments has been upheld by Finra.
