US Securities and Exchange Commission - VALIC

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…

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…

US Securities and Exchange Commission - VALIC

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…

British Columbia Securities Commission

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…

ASIC

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…

US Securities and Exchange Commission - VALIC

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…