Townes agrees to pay US$150,000 penalty
Extension gives automated trading centers more time to rollout new or modified trading systems
Combination of major U.S. and European stock exchanges marks a notable step in the continuing globalization of the world’s capital markets, says SEC chairman
SEC urged to implement moratorium on market data rulings
The U.S. Securities and Exchange Commission today announced that yet another fund company will settle market timing and late trading charges. The SEC reported that Fred Alger Management Inc. and Fred Alger & Company Inc. will pay US$40 million to settle the commission’s charges that the companies allowed market timing and late trading in the […]
Lasser to pay US$75,000 in civil penalties
Adult web site company subject of stock fraud scheme, SEC alleges
Foreign traders hijacked online brokerage accounts to conduct “pump and dump” scheme
Regulator postponing Section 404 reporting requirements
The U.S. Securities and Exchange Commission has voted to adopt amendments to its proxy rules that would allow companies to deliver proxy materials to shareholders through a “notice and access” model using the Internet. Under the amendments to the proxy rules, a company may, but is not required to, furnish proxy materials to shareholders through […]