Displaying 3237 results
Brocade to pay $7 million, says report
Embattled tech company Brocade Communications Systems will pay a $7 million fine to settle accusations that it improperly issued stock options to employees, according to The Wall Street Journal.
Cox boosts ban on ‘soft dollar’ deals
The SEC chief is pushing Congress to ban rules allowing money managers to pay higher commissions on trades.
SEC rejects broker’s anti-NASD complaint
The Securities and Exchange Commission has thrown out complaints filed by Sky Capital LLC against NASD.
Barclays settles probe for $10.9 million
Barclays Bank has agreed to pay $10.9 million to settle an insider trading probe by the SEC.
SEC to spotlight 12(b)-1 fees
The Securities and Exchange Commission has announced a round-table discussion June 19 on 12(b)-1 fees.
Atkins eyed as CFTC head, says report
Paul S. Atkins, a commissioner of the SEC, is in line to head up the Commodity Futures Trading Commission, the Financial Times reported.
SEC settles with Hewlett-Packard
The Securities and Exchange Commission has settled charges against Hewlett-Packard Co. for failing to disclose the reasons behind a director’s departure.
SOX relief to smaller companies on tap
The SEC has approved new guidelines for stating and assessing internal controls for financial reporting.
BISYS slapped with $25 million fine
The BISYS Group will pay $25 million to settle charges of faulty bookkeeping and reporting, the SEC said.
SEC extends comment on rules package
The SEC has extended until June 18 the comment period on a set of complex financial responsibility rules proposals.
New office refunds wronged investors
The Securities and Exchange Commission chairman Christopher Cox has ordered the creation of an office that will help return funds to wronged investors.
Regulator to rule on SRO merger bylaw
An SEC bylaw change could eliminate NASD firms' ability to nominate and vote on a majority of the new SRO's board.
B-D exemption ruling stay filed with court
The SEC wants to give brokerages until Oct. 1 to transition fee-based brokerage assets into alternative accounts.
SEC settles fraud case
The Securities and Exchange Commission has settled civil charges with a former executive at Oppenheimer & Co. Inc. and three others over a scheme to defraud savings banks and their depositors.
SEC region head to step down
The Securities and Exchange Commission has announced that Randall R. Lee, the regional director at the SEC's Pacific Regional Office in Los Angeles, will step down at the end of June.
Oracle VP fined for insider trading
The Securities and Exchange Commission has fined a former Oracle Corp. vice president $198,000 for trading on confidential information about the company's acquisition targets he got from his wife, another employee of the company.
Overhaul of 12(b)-1 fees on tap, says Cox
In a session with reporters after his speech to the ICI membership, Securities and Exchange Commission Christopher Cox indicated that the SEC could consider ways for advisers to recoup expenses for servicing their customers’ accounts if 12(b)-1 fees are abolished.
Accept no substitutes, warns SEC
The Securities and Exchange Commission today alerted financial firms that several unknown individuals have attempted to impersonate SEC staffers when calling.
Frank to call SEC commissioners to hearing
Reacting to criticisms that the Securities and Exchange Commission’s policies increasingly favor companies over investors, Barney Frank, chairman of the House Financial Services Committee, will hold a hearing next month to address the issue.
SEC to weigh new proxy rules
The U.S. Securities and Exchange Commission will propose a rule this summer to address shareholder rights and proxy voting, said agency chairman Christopher Cox.
