Displaying 133 results
SEC taps Chevron $30M for Iraq kickbacks
Chevron made the payments in connection with the United Nations’ Oil for Food Program, said the regulator.
NYSE Reg slaps Connecticut brokerage
NYSE Regulation Inc. has announced disciplinary action against Advest and five individuals for securities violations.
NYSE Reg slaps fall fines on firms
HSBC Securities, Citigroup and RBC Capital Markets are among the malefactors fined up to $500,000.
Citigroup Global fined $2.25 million
NYSE Regulation today slapped 14 of its member firms and a former member with a cumulative $10.4 million in fines.
‘Supersized’ fines on the wane, study says
Big-ticket enforcement actions issued against B-Ds by regulators may become a thing of the past.
SEC slams 38 traders with fraud charges
The SEC has charged 38 in a series of schemes involving phony finder fees and illegal kickbacks.
HSBC will pay $10.5M to Fair Fund
The SEC says HSBC allowed its name and logo to be used in connection with a fraud scheme.
NYSE Reg fines firm $150,000
NYSE Regulation Inc. has fined First Hudson Financial Group, a former New York-based brokerage, $150,000 for inadequate anti-money laundering procedures.
SEC: Firms didn’t watch crooked rep
The SEC has charged two Massachusetts-based brokerage firms for failure to supervise a former registered rep.
Boston exchange censured for failed oversight
The Boston Stock Exchange and its former president James B. Crofwell were censured for failing to police specialists.
AXA settles charges for $3.8 million
The firm will pay nearly $4 million to settle charges that it failed to adequately supervise its fee-based brokerage business, and distributed misleading sales information.
Janney Montgomery Scott fined $2.5M
NYSE Reg fined the Philadelphia firm $2.5 million for engaging in away-from-market stock loans.
Banc One fund draws $55.6M fine
The SEC found that it allowed market timing in its One Group Funds between 1999 and 2003.
Merrill fined $400G for faulty oversight
NYSE Regulation has fined four companies and nine individuals this month for securities violations.
First BanCorp socked with $8.5M fine
The SEC has hit First BanCorp with an $8.5 million penalty for concealing more than $4 million of "non-conforming" residential mortgages.
Morgan Stanley fined $6.1 million
Morgan Stanley will pay up to $6.1 million for allegedly overcharging its customers on $59 million in bond sales.
Panel: Firm was ‘cozy’ place for fraud
FSC Securities of Atlanta was taken to task in a recent NASD arbitration panel decision.
FERC floats fines for Amaranth and traders
Amaranth Advisors LLC and a pair of its traders face $291 million in penalties for price manipulation, the Federal Energy Regulatory Commission said today.
SEC hits food company with $45M fine
ConAgra Foods Inc. has agreed to pay a $45 million penalty to settle charges alleging it engaged in improper accounting practices.
Panel awards Ex-Merrill employee $1.6M
An NASD arbitration panel ordered Merrill Lynch to pay a former employee $1.6 million after he was fired because of his ethnicity.
