(Reuters) – The Federal Deposit Insurance Corporation (FDIC) has retained BlackRock Inc unit Financial Market Advisory to sell the securities portfolios it kept in receivership after the collapse of Signature…
NEWARK, NJ – Christopher Matthaei, a former partner at a New Jersey broker-dealer firm, was arrested yesterday and charged with securities fraud conspiracy and securities fraud for engaging in an…
SAO PAULO (Reuters) – Brazilian securities watchdog CVM said on Friday it has launched two new probes into retailer Americanas SA’s accounting scandal and the firm’s reorganization process. CVM said…
By Hannah Lang (Reuters) – Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. securities regulator against ex-Coinbase employees…
(Reuters) – Cryptocurrency exchange Kraken is under investigation by the U.S. Securities and Exchange Commission for the sale of unregistered securities, according to a Bloomberg report. The regulator’s inquiry is…
SYDNEY (Reuters) – Standard Chartered on Friday said it had been granted approval by the China Securities Regulatory Commission (CSRC) to set up a mainland securities firm. The bank said…
BROOKLYN, NY – Earlier today, in federal court in Brooklyn, John DeMarr was sentenced by United States District Judge LaShann DeArcy Hall to 60 months in prison for his participation…
SEOUL (Reuters) – South Korea’s financial regulator has imposed a fine of 11.88 billion won ($9.66 million) on U.S.-based Citadel Securities, saying it disturbed the local stock market with high-frequency…
By Howard Schneider WASHINGTON (Reuters) – Kansas City Federal Reserve President Esther George has urged her colleagues to come to terms “earlier than later” on a plan for the U.S.…
NEWARK, N.J. – A Monmouth County, New Jersey, man was sentenced to 63 months in prison for committing securities fraud to obtain over $2.8 million from victim investors, U.S. Attorney…
RED BANK, NJ – A former Red Bank based investment advisor is heading to federal prison for defrauding his clients. According to U.S. Attorney Philip R. Sellinger, a man from…
ANKARA (Reuters) – The Turkish central bank has included non-bank financial companies in securities maintenance regulations as part of its “liraization strategy” which will be introduced in the New Year.…
Baltimore, Maryland – A federal grand jury has returned an indictment charging Nader Pourhassan, age 59 of Lake Oswego, Oregon, and Kazem Kazempour, age 69, of Potomac Maryland, for their…
SHANGHAI (Reuters) – China’s securities regulator said on Friday it will launch a reform this month to bring the country’s securities settlement system more in line with international practices, to…
By Selena Li HONG KONG (Reuters) – The Hong Kong government has named Julia Leung as new head of the Securities and Futures Commission (SFC), becoming the first female chief…
HOUSTON – A federal grand jury in the Southern District of Texas returned an indictment that was unsealed yesterday charging eight men with conspiracy to commit securities fraud for a…
HONG KONG (Reuters) – Major Chinese developer Country Garden has signed a contract with the Postal Savings Bank of China for a credit line of up to 50 billion yuan…
Assistant U. S. Attorneys Owen Roth and Aaron P. Arnzen NEWS RELEASE SUMMARY – November 22, 2022 SAN DIEGO – Canadian resident David Stephens and California residents Donald Danks, Jonathan…
Damian Williams, the United States Attorney for the Southern District of New York, announced that JAMES VELISSARIS, the founder and former chief investment officer of Infinity Q Capital Management (“Infinity…
BEIJING (Reuters) – China’s securities regulator on Friday released draft rules on deepening a registration-based system for bond sales, in a reform that streamlines the process for companies to raise…
PORTLAND, Ore.—After a two-week trial, a federal jury in Portland found a McMinnville, Oregon man guilty today of evading $2.5 million in income taxes by hiding his income in multiple…
SEC Launches Investigation Into Billionaire Dem Donor For Potential Violations Of Securities Rules: REPORT John Hugh DeMastri on November 10, 2022 Sam Bankman-Fried, cryptocurrency billionaire and major donor to Democratic…
NEWARK, N.J. – A Florida man was sentenced to 45 months in prison for laundering funds obtained from a $50 million internet-enabled fraud scheme, U.S. Attorney Philip R. Sellinger announced…
TOKYO (Reuters) – Mizuho Financial Group’s securities unit will acquire a 19.99% stake in Rakuten Securities from its parent Rakuten Group for 80 billion yen ($552 million) to beef up…
MIAMI – A South Florida federal judge has ordered prison sentences for two former securities brokers who defrauded investors out of $1.5 million by — among other things — lying…