The Securities and Exchange Commission on Friday announced insider trading charges against David Post of Livingston, N.J., who generated nearly $700,000 in illicit profits after receiving tips that two pharmaceutical companies were about to be acquired.
WASHINGTON (MarketWatch)--The Securities and Exchange Commission charged Bio-Rad Laboratories (BIO) , a clinical diagnostic and life-science research company, with violating the Foreign Corrupt Practices Act.
By Andrew Ackerman
NEW YORK--Securities and Exchange Commission Chairman Mary Jo White announced a sweeping set of initiatives Thursday to address potential risks posed by the $60-plus trillion asset-management industry, including steps to tighten restrictions on mutual funds and other firms.
By Paul Kiernan
RIO DE JANEIRO--Brazilian state-controlled energy giant Petrobras said Monday it is under investigation by the Securities and Exchange Commission, confirming previous reports that a corruption probe in Brazil has extended to the U.S.
Petrobras said it received a subpoena on Friday in which U.S. regulators requested "documents relating to an investigation of the company by the SEC." The documents are to be sent following an internal investigation by Brazilian law firm Trench, Rossi e Watanabe Advogados and U.S. law firm Gibson, Dunn & Crutcher, which Petrobras has hired to help it determine the extent of the allegations.
By Matthias Rieker
A former financial adviser who specialized in working with professional athletes has agreed to pay almost $1.7 million to settle fraud and misrepresentation charges brought by the Securities and Exchange Commission.
By Eric Garcia, MarketWatch
WASHINGTON (MarketWatch)--The Securities Exchange Commission announced Thursday night it planned to allow exemptions for a new kind of open end fund that would not need to disclose daily holdings.
The Securities and Exchange Commission said it's suing a former compliance officer at Wells Fargo Advisers for allegedly altering a document before it was provided to the agency during an investigation.
The Securities and Exchange Commission on Thursday suspended trade in four over-the-counter Ebola-related stocks: Bravo Enterprises (OGNG) , Immunotech Laboratories (IMMB) , Myriad Interactive Media and Wholehealth Products (GWPC) . The SEC cited a lack of publicly available information about the companies' operations.
By Robbie Whelan , Craig Karmin and Jean Eaglesham
One of the largest U.S. real-estate empires was battered Wednesday by its disclosure of an accounting mistake and subsequent coverup that forced the resignations of two top executives, slashed its flagship company's stock-market value by 19% and sparked a regulatory probe.
Citigroup Inc. (C) has had restrictions lifted by the Securities and Exchange Commission that will allow the bank to sell investments in hedge funds and private equity funds to its wealthy clients, among other activities.
Family Dollar Stores, Inc. (NYSE: FDO), a leading national discount
retailer offering name brands and quality, private brand merchandise,
today announced it will host its second annual “Family Dollar Fabulous”
Evidence of Los Angeles’ bourgeoning tech scene can be seen in the slew
of marquee start-up success stories, successful IPOs and increased
investor attention that has taken hold of the region in the past year.
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