Proposed amendments aim to modify requirements regarding the calculation of NAV to reflect new accounting rules and to clarify or correct certain provisions
Townsend agrees to pay BCSC $41,250
FSA releases policy statement on Conduct of Business rules
Former head trader pays US$750,000
Submissions due June 8
Regulator seeks comments on draft guideline
Contestants prove savings and investment knowledge online
Uses of 12b-1 fees have strayed from original purposes, Cox says
Firm routed orders for government securities transactions internally for over a year without adequate controls in place
Thomas Edward McLellan knowingly permitted an approved person who was not registered to serve the roles of an advisor
The bill will implement the passport regulatory system and introduce civil liability for secondary market disclosure, among others
Quigley banned permanently, fined $290,000
Technology aims to help investors analyze financial information
Proposed rule is expected to be finalized by the end of 2007 and implemented in stages starting in early 2008
The event has been designed to assist firms with the task of due diligence, ensuring adherence to privacy rules and best practices considerations
Firm failed to maintain risk adjusted capital at a level greater than zero
IQON must pay a fine and $100,000 and costs of $7,500
Notice outlines conflict of interest concerns
Recognition would involve the SEC permitting certain types of foreign financial intermediaries to provide services to U.S. investors
Six measures address advisory committee recommendations
Guidance is intended to help public companies strengthen their internal control over financial reporting while reducing unnecessary costs
BISYS agrees to pay US$25 million in disgorgement and prejudgment interest although it neither denies or admits the SEC’s allegations
Former head of American trading at Citibank Commodities sentenced for inflating trading profits by US$20 million
Money to pay for investigations costs