SEC announces whistleblower award of more than $325,000 LeapRate

November 04, 2015 BY Mike Fox

SEC announces whistleblower award of more than $325,000

The Securities and Exchange Commission today announced a whistleblower award totaling more than $325,000 for a former investment firm employee who tipped the agency with specific information that enabled enforcement staff to open an investigation and uncover the extent of the fraudulent activity. The whistleblower provided a detailed description of the misconduct and specifically identified…

October 13, 2015 BY Mike Fox

UBS to pay $19.5 million settlement involving notes linked to currency index

Case is agency’s first against an issuer of retail structured notes.

September 23, 2015 BY Maria Nikolova

SEC appoints Lara Shalov Mehraban as Associate Regional Director for Enforcement in NY office

Ms Mehraban, who has been an Assistant Regional Director in SEC's New York office since 2012, succeeds Amelia Cottrell.

September 10, 2015 BY Maria Nikolova

SEC appoints Robert Cohen, Joseph Sansone as co-chiefs of Market Abuse Unit

Robert Cohen and Joseph Sansone will succeed Daniel Hawke, the inaugural chief of the division.

August 19, 2015 BY Mike Fox

SEC charges Citigroup for compliance and surveillance failures

Citigroup agreed to pay a $15 million penalty.

August 11, 2015 BY Mike Fox

SEC uncovers press release hacking ring which generated $100 million in trading profits

Hackers, traders allegedly reaped more than $100 million of illegal profits

August 10, 2015 BY Maria Nikolova

US SEC grants approval to BATS for EDGX Options market

Members can start connecting to the new market on August 17, 2015, with the launch of EDGX Options scheduled for November 2, 2015.

July 31, 2015 BY Maria Nikolova

BATS proposes Client Suspension Rule for swifter action against market manipulation

The company has filed a new rule with the Securities and Exchange Commission, in order to be allowed to take faster action against traders engaged in practices like spoofing and layering.

July 30, 2015 BY Maria Nikolova

Daniel M. Hawke parts ways with SEC after 16 years of service

Hawke, chief of the Division of Enforcement’s Market Abuse Unit and former Director of the Philadelphia Regional Office, will step down in August 2015.

July 17, 2015 BY Mike Fox

San Diego man's Ponzi scheme busted by SEC

Fraudulent unregistered "investment firm", raised $2.6 million from clients.

Tag: SEC