SEC

ITG to pay $24 million to settle SEC charges over American depository receipt trades

ITG to pay $24 million to settle SEC charges over American depository receipt trades

Investment Technology Group agreed to pay $24 million to settle SEC charges that it facilitated trades in American depository receipts without having the underlying foreign securities.

January 12, 2017 | 03:03 pm
Maker-taker rebate pilot could die before it starts

Maker-taker rebate pilot could die before it starts

An SEC pilot program that would measure the effects of maker-taker rebates on equity trade execution could be in jeopardy because of uncertainty over who will lead the agency — and how he will...

January 09, 2017
SEC must stay on focus

SEC must stay on focus

With his nomination of Jay Clayton as chairman of the Securities and Exchange Commission, President-elect Donald Trump must ensure he is living up to his populist-inspired ideals in naming a new...

January 09, 2017
Donald Trump nominates Jay Clayton as SEC chairman

Donald Trump nominates Jay Clayton as SEC chairman

Donald Trump announces Jay Clayton, a partner at law firm Sullivan & Cromwell, as the president-elect's choice to chair the Securities and Exchange Commission.

January 04, 2017 | 11:53 am
Appeals court rules SEC in-house courts violates U.S. Constitution

Appeals court rules SEC in-house courts violates U.S. Constitution

A federal appeals court in Denver deals a setback to the SEC's use of in-house courts, ruling that the administrative law judge hiring process is unconstitutional.

December 29, 2016 | 01:39 pm
McClatchy buys group annuity to transfer $46 million in pension liabilities

McClatchy buys group annuity to transfer $46 million in pension liabilities

McClatchy Co. has purchased a group annuity contract from American United Life Insurance Co. to transfer $46 million in pension liabilities.

December 28, 2016 | 11:12 am
3 Chinese traders charged with hacking, insider-trading scheme

3 Chinese traders charged with hacking, insider-trading scheme

U.S. officials charge three Chinese traders with trading on information about potential mergers and acquisitions that was hacked from two law firms.

December 27, 2016 | 04:39 pm
Former N.Y. State Common fixed-income director arrested in pay-for-play scheme

Former N.Y. State Common fixed-income director arrested in pay-for-play scheme

The former director of fixed income and head of portfolio strategy for the New York State Common Retirement Fund is charged by the Justice Department and the SEC with multiple counts of securities...

December 21, 2016 | 01:16 pm
Deutsche Bank settles charges over dark pool routing rankings

Deutsche Bank settles charges over dark pool routing rankings

Deutsche Bank Securities will pay $37 million to settle charges that it misled clients about how its automatic router ranked dark pools for client orders, regulators said.

December 16, 2016 | 03:50 pm
J.P. Morgan draws IRS whistleblower complaint over pension funds

J.P. Morgan draws IRS whistleblower complaint over pension funds

J.P. Morgan Chase paid more than $300 million a year ago to resolve regulators' claims the bank failed to tell wealthy clients it was steering them into its own funds.

December 16, 2016 | 02:19 pm

SEC to have skeleton crew in first half of 2017

A Securities and Exchange Commission in flux for several months to start 2017 will probably avoid controversial rulemakings and enforcement cases, according to experts.

December 13, 2016 | 04:52 pm
2 New Jersey traders accused in trading scam

2 New Jersey traders accused in trading scam

Two New Jersey traders were arrested on federal charges they cheated investors out of $26 million by using dozens of accounts at brokerage firms to artificially move stock prices in lightly traded...

December 12, 2016 | 06:18 pm
SEC enforcement director Andrew Ceresney to leave at end of year

SEC enforcement director Andrew Ceresney to leave at end of year

Andrew J. Ceresney, director of the enforcement division of the Securities and Exchange Commission, will leave the commission by the end of the month.

December 08, 2016 | 03:47 pm
Stifel, Nicolaus settles SEC charges on selling risky CDOs to Wisconsin school districts

Stifel, Nicolaus settles SEC charges on selling risky CDOs to Wisconsin school districts

Stifel, Nicolaus & Co. and the broker-dealer's former vice president, David W. Noack, agreed to pay a total of $25 million to settle SEC charges that they sold risky synthetic collateralized debt...

December 08, 2016 | 02:57 pm
PIMCO gets 'bad actor' waiver from SEC to continue serving as private funds manager

PIMCO gets 'bad actor' waiver from SEC to continue serving as private funds manager

PIMCO received an SEC exemption allowing it to continue serving as an investment manager to private funds and other clients, following a settlement announced Dec. 1 over charges of misrepresenting...

December 06, 2016 | 03:49 pm