SEC

SEC busts sticky note insider trading scheme Fallback Image Decorative pattern

Industry

SEC busts sticky note insider trading scheme

The Securities and Exchange Commission has charged a Brooklyn man with facilitating a $5.6 million insider trading scheme that typically involved the passing of illegal tips via napkins or post-it notes at Grand Central Terminal.

By Staff |September 19, 2014

3 min read

SEC issues highest-ever fine for violating net capital rule Fallback Image Decorative pattern

Industry

SEC issues highest-ever fine for violating net capital rule

The Securities and Exchange Commission is handing out its largest penalty ever for net capital rule violations to high frequency trading firm Latour Trading.

By Staff |September 17, 2014

2 min read

5 things regulators are doing to improve the market Fallback Image Decorative pattern

Economic Indicators

5 things regulators are doing to improve the market

The watchdogs tasked with keeping our financial institutions, and the entire market, secure and efficient have been busy.

By Staff |September 5, 2014

1 min read

SEC approves FINRA rule to prohibit conditioning settlements on expungement Fallback Image Decorative pattern

Market Insights

SEC approves FINRA rule to prohibit conditioning settlements on expungement

FINRA has announced that the SEC has approved a new rule prohibiting firms and registered representatives from conditioning settlement of a customer dispute on—or otherwise compensating a customer for—the customer's agreement to consent to, or not to oppose, the firm's or representative's request to expunge such information from the Central Registration Depository (CRD) system.

By Staff |July 24, 2014

1 min read