Displaying 133 results
NYSE Reg fines firm $90,000
NYSE Regulation, the regulatory body of the New York Stock Exchange has announced that it has censured and fined RBC Dain Rauscher Inc. $90,000 for failing to establish written procedures regarding filing of suspicious activity reports.
NFA bars introducing broker
The National Futures Association has permanently barred former associated person Adam Leon from NFA membership.
Fidelity B-Ds fined for misleading G.I.s
NASD announced today that it has fined two Fidelity Investments broker-dealers $400,000 for preparing and distributing misleading sales literature promoting plans that were sold primarily to U.S. military personnel.
Citigroup to pay $200,000 for unit’s misdeeds
Citigroup Inc. has agreed to pay $200,000 to settle charges with the Securities and Exchange Commission regarding one of its brokerage units that manipulated auctions involving municipal and corporate bonds.
Zurich Capital Markets fined $16.8M
The Securities and Exchange Commission settled an administrative proceeding against Zurich Capital Markets Inc. for its role in financing to hedge fund clients that engaged in market timing of mutual funds and facilitating the "deceptive" trading tactics.
NASD & CSE fine, suspend traders
NASD and the Chicago Stock Exchange Holdings Inc. announced that they have fined and suspended two traders for allegedly artificially inflating a stock's price.
Distribution to start in Fannie Mae case
The Securities and Exchange Commission will begin distributing $357 million from its Fair Fund as part of its settlement with Fannie Mae on charges of fraud in connection with the preparation of its annual and quarterly statements.
Oil company to pay $44M for violations
Baker Hughes Inc., an international provider of oil field products and services, has agreed to pay more than $44 million in fines, penalties, and disgorgement of illicit profits, according to the Securities and Exchange Commission.
Distribution begins in Jones settlement
The Securities and Exchange Commission today announced the distribution of a $79 million Fair Fund to current and former customers of Edward D. Jones & Co. LP.
Ex-HealthSouth chairman to pay $81M
Former HealthSouth Corp. chairman Richard Scrushy will pay $81 million for his part in a $2.6 billion financial fraud under a judgment announced by the Securities and Exchange Commission.
Apple execs charged with backdating
Two former senior executives of Apple Inc. of Cupertino, Calif., were charged with improper stock option backdating by the Securities and Exchange Commission today.
NFA fines California firm $100,000
The National Futures Association has ordered Forex International Investments Inc. and its principals, Imran Firoz and Alex Dekhtyar, to pay a $100,000 fine for several violations.
SEC to pay $125M to PBHG investors
The Securities and Exchange Commission today announced a $125 million distribution to more than 254,000 investors hurt by fraudulent market timing in the PBHG Funds.
