December 2019
SEC Charges Broker-Dealers with Illicitly Profiting in Partial Tender Offer
SEC today announced settled charges against two registered broker-dealers, Bluefin Trading LLC and Critical Trading LLC, for violating “short tender rule”.
Johannes Beermann: Forward together – the socio-economic dimension of cash and remittances
Socio-Economic Speech by Dr Johannes Beermann, Member, Executive Board of Deutsche Bundesbank, at Stellenbosch University, Stellenbosch, 5 December 2019.
European Equities at Record Levels, Wall Street to Close Early on Christmas Eve
Trade deal optimism keeps market bulls underpinned amid holiday thin trade. Wall Street set to open and trade positive on cues from international market.
Equities Mixed but Steady Near Recent Highs Ahead of Holiday Season Trade
Global and Asian equities are off to a mixed start for the week today as traders are finally gearing up for the holiday season.
Asian Indices Mixed, Gold Trades Higher
Asian indices started the Christmas week mixed in thin volumes after President Donald Trump said that phase one of the trade deal would be signed shortly.
Israeli Binary Options Fraudster To Do Hard Time
An Israeli fraudster is going to do hard time for a binary options scheme.
Issuer Settles Unregistered ICO Charges, Agrees to Return Funds and Register Tokens
SEC announced settled charges against blockchain technology company Blockchain of Things Inc. for conducting an unregistered initial coin offering (ICO).
Silicon Valley IT Administrator and Friends Charged in Multimillion Dollar Insider Trading Ring
SEC announced insider trading charges against five friends who repeatedly traded on confidential earnings information about a Silicon Valley.
FINRA, NASDAQ, BX, PHLX, ISE, NYSE, NYSE Arca, NYSE American, Cboe, BZX, BYX, EDGA, and EDGX Permanently Bar Samuel Lek and Fine Lek Securities Corporation for Supervisory and Market Access Rule Violations
Samuel Lek, former Chief Executive Officer of Lek Securities Corporation, has been permanently barred from the securities industry in all capacities.
SEC Proposes to Update Accredited Investor Definition to Increase Access to Investments
SEC voted to propose amendments to the definition of accredited investor, one of the principal tests for who is eligible to participate in capital markets.
SEC Charges Founder, Digital-Asset Issuer with Fraudulent ICO
The Securities and Exchange Commission today charged a digital-asset entrepreneur and his company with defrauding investors in an (ICO).
ASIC Updates Internal Governance and Accountability Frameworks
ASIC - Australian Securities and Investments Commission has updated its internal governance framework and implemented a new accountability regime.
SEC Charges Former Goldman Sachs Executive with FCPA Violations
SEC today announced charges against former Goldman Sachs Group Inc. executive Tim Leissner for engaging in a corruption scheme.
FIA and FIA Tech Announce Successful Implementation of Execution Source Codes at CME Group
FIA and FIA Tech today announced the successful implementation of execution source codes at CME Group to support the new industry standard.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.