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…
SEC Charges Kik Interactive Inc. With Conducting $100…
Washington D.C., June 4, 2019 — The Securities and Exchange Commission today sued Kik Interactive Inc. for conducting an illegal $100 million securities offering of digital tokens. The SEC charges that Kik sold the tokens…
SEC Charges Two Robo-Advisers With False Disclosures
Washington D.C., Dec. 21, 2018 — The Securities and Exchange Commission today instituted settled proceedings against two robo-advisers for making false statements about investment products and publishing misleading advertising. The proceedings are the SEC’s first…
Two ICO Issuers Settle SEC Registration Charges, Agree…
Washington D.C., Nov. 16, 2018 — The Securities and Exchange Commission today announced settled SEC Registration charges against two companies that sold digital tokens in initial coin offerings (ICOs). These are the Commission’s first cases…
Fourth Guilty Plea in Burgeoning Securities Scheme
[caption id="attachment_314173" align="alignleft" width="200"] Jose L. Linares, U.S. District Judge[/caption] A growing list of people have plead guilty to fraud related charges in a burgeoning securities trading scheme. Arthur Blumberg, 53, became the fourth person…
SEC Charges Merrill Lynch for Failure to Supervise…
Merrill Lynch Ordered to Return More than $10.5 Million to Harmed Customers Washington D.C., June 12, 2018 — The Securities and Exchange Commission today announced that Merrill Lynch, Pierce, Fenner & Smith Inc. will pay more than…
Key Republican Slams Obama Era “Broken Windows” Securities…
[caption id="attachment_154599" align="alignleft" width="112"] Bill Huizenga, Republican from the State of Michigan[/caption] A key Republican on the House Financial Services Committee took a shot at the Obama era securities regulation approach. Bill Huizenga is a…