The U.S. Securities and Exchange Commission and the Australian Securities and Investments Commission have signed a mutual recognition agreement that will allow them to consider exemptions for firms from each others’ jurisdictions.
IDEA will replace EDGAR system
FINRA, NYSE Regulation to split responsibilities
Online tool assists mutual funds in their compliance efforts
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 Division of Enforcement today announced a preliminary settlement in principle with Citigroup Global Markets, Inc., including proposed charges and a plan that would give individual investors, small businesses, and charities […]
Fraudulent scheme is being perpetrated by a man barred from Ontario’s securities markets
The U.S. Securities Industry and Financial Markets Association Credit Rating Agency Task Force issued its recommendations for credit rating agency reform today.The task force, comprised of 37 individuals from the United States, Europe, and Asia, including asset managers, underwriters, and issuers, focused on identifying the credit-rating-related causal variables that played a significant role in triggering […]
Pax World Management order to pay US$500,000 penalty
Temporary order continues prohibition covering 19 financial stocks until Aug. 12
A proposal to reform the SEC’s “foreign broker” rule is a good first step