SEC fines JP Morgan $264 million for ‘systematic bribery’
US watchdog determined the bank had hired children of government officials in a ‘systematic bribery scheme’.
Tag: Securities and Exchange Commission
SEC Chair Mary Jo White announces departure
Mary Jo White to leave US regulator at the end of Obama’s administration.
SEC approves FINRA’s reporting rules for US treasuries
FINRA members will be required to report on transactions in treasuries as of July 2017.
SEC slaps Deutsche Bank with $9.5m fine for research failures
Deutsche Bank failed to safeguard research and provide internal communications to US regulator during investigation.
SEC fines Credit Suisse $90m for manipulating new assets figures
US regulator found ex-Credit Suisse COO had pressured employees to misrepresent metrics.
Bats slams Nasdaq’s proposed data feed as attempt to increase revenues
Bats has urged the SEC to reject Nasdaq’s data feed proposal, claiming it is technically unnecessary, anti-competitive and unfounded.
SEC fines former trading boss at Goldman Sachs for ‘abusing his duty’
Head trader in RMBS at Goldman Sachs found to have misled clients over pricing and is fined $400,000.
Victory for NYSE as SEC streamlines ETF listing process
NYSE petition sees SEC approve ‘simplification’ of ETF listing process.
Poor technology costs Citigroup $7m with SEC fine
The SEC has fined Citigroup for submitting incomplete bluesheets, due to technological errors.
Nasdaq ‘assessing options’ following IEX decision
Nasdaq threatened legal action earlier this year, and is now looking into options following controversial IEX decision.