Deutsche Börse
January 24, 2017 BY Valentina Kirilova

Edison and Morningstar to provide research reports for new Deutsche Börse SME segment

Deutsche Börse published further details today on its new segment for small and medium-sized enterprises (SMEs) to be launched in March, replacing the Entry Standard in the exchange-regulated market. Accordingly, Edison Investment Research and Morningstar will be creating the research reports mandatory for all equity issuers. The reports are intended to improve companies' transparency and…

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sec building
January 24, 2017 BY Valentina Kirilova

SEC announces fraud charges, asset freeze in alleged nursing home investment scheme

The Securities and Exchange Commission (SEC) announced fraud charges and an emergency asset freeze obtained against a businessman in South Carolina accused of siphoning funds he raised from investors for the purpose of purchasing or renovating senior housing facilities. The SEC alleges that Dwayne Edwards improperly commingled money from several different municipal bond offerings and…

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January 24, 2017 BY Valentina Kirilova

EnQuest buys 25% stake in BP's Magnus oil field

EnQuest PLC announced an agreement to acquire from BP an initial 25% interest in the Magnus oil field representing c.15.9 MMboe of additional net 2P reserves (gross reserves of 63.4 MMboe) with net production of 4.2 Mboe/d in 2016 (gross production 16.6 Mboe/d) as well as a 3.0% interest in the Sullom Voe oil terminal…

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January 24, 2017 BY LeapRate Staff

SafeCharge spends £4.3 million in share buyback

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it recently completed a £4.29 million (USD $5.4 million) share buyback. On January 23, 2017, it purchased for treasury 2,200,000 ordinary shares at a price of 195 pence per share. SafeCharge has not announced a formal share buyback program, so it remains…

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January 24, 2017 BY Valentina Kirilova

PIMCO names Kimberley Stafford as New Head of Asia-Pacific

Investment management giant Pacific Investment Management Co (PIMCO) has announced that Kimberley Stafford, Managing Director and current Global Head of PIMCO's Consultant Relations Group, has been named the new Head of Asia-Pacific. Ms. Stafford will assume her responsibilities immediately and will relocate to Hong Kong mid-year. She will report to PIMCO's Chief Executive Officer, Emmanuel…

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January 24, 2017 BY Valentina Kirilova

ASIC consults on consolidating ASIC market integrity rules

ASIC has today released a consultation paper proposing to consolidate and clarify Australia's market integrity rules. There are currently 14 market integrity rule books that set out obligations and prohibitions applying to activities and conduct on eight licensed financial markets. Collectively, these rule books amount to more than 1,300 pages of regulation, and a further…

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sec whistleblower award
January 24, 2017 BY Valentina Kirilova

SEC awards $7 million to whistleblowers

The Securities and Exchange Commission (SEC) announced an award of more than $7 million split among three whistleblowers who helped the SEC prosecute an investment scheme. One whistleblower provided information that was a primary impetus for the start of the SEC’s investigation. That whistleblower will receive more than $4 million. Two other whistleblowers jointly provided…

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