OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
KPMG Paying $50 Million Penalty for Illicit Use…
Washington D.C., June 17, 2019 — The Securities and Exchange Commission today charged KPMG LLP with altering past audit work after receiving stolen information about inspections of the firm that would be conducted by the…
Former Financial adviser Pleads Guilty to Dishonestly Obtaining…
Former financial adviser, Mr Trevor William Martin, has pleaded guilty in the District Court of NSW, to three counts of dishonestly obtaining client funds under the NSW Crimes Act. An ASIC investigation found that between 1…
Federal Court Orders Futures Trader to Pay a…
The Commodity Futures Trading Commission (CFTC) announced today that a federal court orders in Illinois William H. Powderly IV(Powderly) of New Hope, Pennsylvania, to pay a civil monetary penalty of $1,083,138 for fraudulently soliciting customers…
Wedbush Settles Failure to Supervise Charge
The Securities and Exchange Commission announced today that Wedbush Securities Inc. will pay a $250,000 penalty and has agreed to be censured to settle its failure to supervise charge in a pending administrative proceeding. According…
BB&T to Return More Than $5 Million to…
The Securities and Exchange Commission today announced that BB&T Securities has agreed to return more than $5 million to retail investors and pay a $500,000 penalty to settle charges that a firm it acquired misled…
Investors to Receive Reimbursement for Losses
Investors defrauded by David Michael Michaels will get some money back after the British Columbia Securities Commission (BCSC) obtained money from the sale of Michael’s Hawaiian property and a cash payment from Michaels. The BCSC’s…
Federal Court Orders $60,000 in Penalties for Contempt…
The Federal Court has ordered Mr Eustace Senese (Eustace Senese), his son Mr Cameron Senese (Cameron Senese) and associated company, Transcomm Global Pty Ltd (Transcomm) to pay penalties totalling $60,000 following findings of contempt of…
Broker-Dealer to Pay $2.75 Million Penalty for Providing…
Washington D.C., Sept. 13, 2018 — The Securities and Exchange Commission today announced that Convergex Execution Solutions LLC, now known as Cowen Execution Services LLC, will pay $2.75 million to settle charges that the broker-dealer…