Li, Leung and Wong fined for insider trading related to $15 million in Dow Jones securities
Heads say first step is to create a framework for discussions
Auditor and senior associate netted unlawful trading profits
Securities regulators in the United States and India today announced terms for increased co-operation and collaboration.The U.S. Securities and Exchange Commission (SEC) and the Securities and Exchange Board of India (SEBI)announced a new dialogue between the two countries focusing on three main objectives: identifying and discussing regulatory issues of common concern; continuing and expanding the […]
Study explores industry, investor perspectives on customer relationships with financial service providers
Regulator to examine impact on U.S. markets
The U.S. Securities and Exchange Commission is seeking public comment on possible revisions to its disclosure requirements for oil and gas reserves.The concept release poses questions on: whether the commission should revise the proved reserves definition, including the criteria used to assess and measure proved reserves; how new technologies impact the definition of proved reserves […]
Commission seeks investor input on proposal to improve mutual fund disclosure
The U.S. Securities and Exchange Commission reported that it has distributed US$31.5 million to more than 150,000 investors who were harmed by undisclosed mutual fund market timing in the MFS funds between 1999 and 2003.The distribution is the first in a series of disbursements from the Fair Fund that will return approximately US$306 million to […]
Rules would require investors receive clear, concise summary of key fund information