Investors misled about the riskiness and credit quality of ‘enhanced cash’ fund
Miszuk consents to US$75,000 penalty
U.S. regulator also clarifies process for breaking erroneous trades
Regulators must take more steps in response to May incident
Agencies must implement and follow appropriate internal controls and procedures governing their determination of credit ratings
Association asks SEC to provide a clear definition of any uniform standard of care
New rules require companies to include the nominees of significant, long-term shareholders
Spanish analysts booked profits of nearly US$1.1 million
Firms must be mindful of the concerns in dealing with senior investors, regulators say
Without admitting or denying allegations, Citi agrees to SEC penalty