June 29, 2019
The Securities and Exchange Commission today charged a Los Angeles man for his role in a fraudulent tribal bonds scheme to gain undisclosed control over two registered investment advisers so that he, his partner, and their associates could steal $43 million of client funds they purported to invest in Native American tribal bonds.
June 8, 2019
The Securities and Exchange Commission today announced that a private fund manager in the mortgage-backed securities space has agreed to pay a $5 million penalty to settle charges stemming from compliance deficiencies that contributed to the firm’s failure to ensure that certain securities in its flagship fund were valued properly.
June 6, 2019
16 charges of obtaining by deception under Section 240 of the Crimes Act 1961
3 charges of dishonestly using a document under Section 228 of the Crimes Act 1961
2 charges of obstruction of the FMA’s powers under Section 61 (1) (b) of the Financial Markets Authority Act 2011.
June 5, 2019
The Securities and Exchange Commission filed a civil injunctive action against Daniel Pacheco, a resident of San Clemente, California, and the alleged perpetrator of a multimillion-dollar pyramid scheme.
April 15, 2019
The Investor Voting App, which builds on the firm’s mobile voting feature launched in 2011, allows investors to vote directly and receive important regulatory and educational information relating to corporate direction.
April 14, 2019
The Securities and Exchange Commission today unveiled a public service campaign to empower Main Street investors to take control of their financial future. New SEC Campaign Educates Investors to use the free tools and unbiased information available on the SEC’s online resource for investor education−Investor.gov−to get answers to their questions about investing.
April 11, 2019
The UK will become a third country in relation to EU-rules if it withdraws from the EU without a deal (“hard Brexit” or ” no-deal Brexit “). Fund management companies based in third countries are not eligible for the notification regime (passporting) for marketing, as set out in the UCITS and AIFMD directives. Marketing of funds associated with third countries in Norway requires authorisation from Finanstilsynet.
April 6, 2019
The solution is currently being used by a number of clients including a tier-one global investment manager. Broadridge Financial Solutions has launched its firm-specific fund-by-fund comparative securities lending assessment solution for mutual fund companies and the boards that oversee their funds.
February 26, 2019
“Funds in Focus”: Invest like Warren Buffet – Value Investing in 2019. A series of articles by Bank Julius Baer looks at topical investment themes in the Sponsored Funds trading segment of SIX Swiss Exchange.
February 24, 2019
A new online tool called Smart Investor Tool enables Kiwis to search and compare New Zealand investments such as KiwiSaver, shares, bonds and other types of managed products for the first time.
