SEC

Odd lots: The invisible’s now visible Fallback Image Decorative pattern

Industry

Odd lots: The invisible’s now visible

Millions of hidden U.S. trades were revealed for the first time last December when a new SEC rule took effect. For the first time, odd-lot trades—those with fewer than 100 shares—appeared on the consolidated order book. That means information on those deals is available to everyone, not just investment banks and sophisticated traders.

By Jessica Bruno |May 9, 2014

1 min read

SEC busts Toronto-based reverse merger schemes Fallback Image Decorative pattern

Industry

SEC busts Toronto-based reverse merger schemes

The Securities and Exchange Commission has charged a Toronto-based consultant and four associates with conducting illegal reverse merger schemes to bring a pair of China-based companies into the U.S. markets so they could manipulate trading and reap millions of dollars in illicit profits.

By Staff |May 5, 2014

3 min read

SEC charges NYSE for repeated rules violations Fallback Image Decorative pattern

Industry

SEC charges NYSE for repeated rules violations

The SEC is charging the New York Stock Exchange and two affiliated exchanges for their failure to follow exchange rules and federal securities laws.

By Staff |May 1, 2014

4 min read

SEC cuts unprecedented deal with insider trader Fallback Image Decorative pattern

Industry

SEC cuts unprecedented deal with insider trader

The Securities and Exchange Commission (SEC) has charged a former executive with insider trading in advance of eBay’s acquisition of the e-commerce company where he worked by tipping friends and relatives with confidential information about the pending deal so they could attain more than $300,000 in illegal profits.

By Staff |April 30, 2014

2 min read