investors Archives - Page 3 of 14 - The Industry Spread

CFTC and SEC Participate in the Signing Ceremony for the IOSCO Enhanced Multilateral MOU Concerning Cross-Border Enforcement

May 25, 2019

At the 44th Annual International Organization of Securities Commissions (IOSCO) Conference in Sydney, Australia, the Chairmen of the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC) participated in a signing ceremony on May 15 for the IOSCO Enhanced Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (EMMoU).

FINRA Launches Initiative to Simplify Firms’ Digital Experience with FINRA, Facilitating More Efficient and Effective Compliance Programs

May 20, 2019

FINRA announced today that it is launching an initiative to transform the digital platform that firms use to engage with FINRA across several programs. The Digital Experience Transformation, as it is being called, is a wide-ranging, multi-year effort to integrate and simplify brokerage firms’ digital interactions with FINRA, facilitating more efficient and effective compliance programs. The initiative is the latest outgrowth of the ongoing FINRA360 organizational improvement initiative.

Morningstar Adds Chi-X Australia to Global Market Data Solutions

May 17, 2019

Chi-X Australia’s real-time data covers Australian cash equities, ETFs and unique products including Transferable Custody Receipts or TraCRs.Morningstar has added Chi-X Australia to its global market data solutions in order to increase opportunities for Australian investors, providing them with greater choice and clarity on what investment products are available on the market

SEC Announces Fraud Charges in Ticket Resale Investment Scam

May 6, 2019

The Securities and Exchange Commission today charged a New York City man with continuing a previously charged scheme investment scam, stealing millions of dollars from investors who were allegedly falsely promised their funds would be used for the purchase and resale of tickets to Broadway shows and a sporting event.

BCSC Reaches Settlement Over Illegal Trading

April 29, 2019

The British Columbia Securities Commission (BCSC) has reached a settlement over illegal trading agreement with a B.C. man who helped an issuer raise funds without being registered.

FINRA Orders BBR to Pay Approximately $205,000 in Restitution to Customers for Supervisory Failures Involving Excessive and Unsuitable Trading

April 28, 2019

FINRA announced today that it has ordered New Jersey-based broker-dealer Buckman, Buckman & Reid, Inc. ( BBR ) to pay approximately $205,000 in restitution to seven customers for failing to reasonably supervise two former registered representatives who recommended excessive and unsuitable trades in multiple customer accounts. As part of the settlement, FINRA also required the firm to review and revise its supervisory system and written supervisory procedures. FINRA previously barred both registered representatives from the industry.