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Ex-Morgan Keegan Fund Directors to Settle SEC Claims

2013-03-28 02:19:50| Apparel - Topix.net

Eight former Morgan Keegan & Co. mutual-fund directors agreed to settle U.S. regulatory claims that they allowed assets backed by subprime mortgages to be overvalued as the housing market collapsed in 2007.

Tags: sec claims fund directors

 

INDIA: Anheuser-Busch InBev "cooperating" over SEC corruption probe

2013-03-26 15:39:00| Daily beverage news and comment - from just-drinks.com

Anheuser-Busch InBev has said it is cooperating with the US Securities and Exchange Commission (SEC) after the body launched an investigation into the brewer's India JV over possible violations of the Foreign Corrupt Practices Act.

Tags: india sec probe corruption

 
 

SEC to Nasdaq, Pt. 2: Payments for Making Markets in ETFs OK

2013-03-25 17:45:02| Automakers - Topix.net

U.S. regulators approved Nasdaq Stock Market's request to allow the sponsors of some exchange-traded funds to offer payments to market makers.

Tags: making ok sec markets

 

SEC probe on Facebook pre-IPO sales ends in financier's arrest

2013-03-20 03:07:00| CNET News.com

Former gubernatorial candidate for Oregon Craig Berkman allegedly duped investors out of $8 million, saying he had access to the social network's shares before it went public. [Read more]

Tags: sales sec ends probe

 

Cohen's SAC to pay $600 million in SEC insider trade settlement

2013-03-16 06:30:47| Biotech - Topix.net

Hedge fund titan Steven A. Cohen's firm, long the focus of a federal investigation into insider trading, is paying more than $600 million to U.S. securities regulators to settle allegations arising from improper trading in two stocks.

Tags: pay million trade sec

 

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