Citigroup Inc. has reached a deal with U.S. regulators to give the purchasers of auction rate securities their money back.The U.S. Securities and Exchange Commission’s…
Decision based on similar orders by NSC, OSC
Nine committees disbanded
Dowdall-Logie to oversee OSC enforcement branch
Amendments give the self-regulatory organization greater power in trying wrongdoers and issuing penalties
Reps now have 30 months to complete one of two courses to maintain their registration
Fraudulent scheme is being perpetrated by a man barred from Ontario’s securities markets
Share price of British bank was not only affected by rumours, but by the interaction of other complex factors
Brokerage failed to ensure clients were accredited investors
The Joint Forum released the final version of its paper examining the development of the credit risk transfer phenomenon over the past couple of years.…
The European Central Bank announced today that it is extending efforts to ensure money market liquidity.The Governing Council of the ECB decided to renew the…
Objective is to promote awareness and enhance transparency of the intervention framework for federally regulated life insurance companies
Pax World Management order to pay US$500,000 penalty
Alleged Ponzi scheme fleeced 900 U.S. investors
Plans to increase the size of a swap line with the European Central Bank
Temporary order continues prohibition covering 19 financial stocks until Aug. 12
Rivers illegally distributed NOF Electrical Generation Securities worth $4.5 million
The UK’s Financial Services Authority has made several arrests made in a major insider dealing investigation.The FSA reports that it arrested eight individuals and executed…
Four U.S. banks to promote the development of covered bond market
Reps not registered to provide financial advice
Buskell dealt permanent ban
Date for penalty hearing pending
Regulator concerned that investor protection could be weakend
The U.S. Securities Investor Protection Corp. (SIPC) today cautioned investors about a new identity theft scam designed to extract confidential information and cash from unwary…