Regulation

MFDA suspends rep over leveraged strategy

A settlement hearing in the matter of Joseph Daniel Laurie was held today in Halifax, Nova Scotia before a three-person hearing panel of the Atlantic Regional Council of the MFDA.

By Staff |August 19, 2015

2 min read

Citigroup affiliates to pay $180M to SEC

The Securities and Exchange Commission has announced that two Citigroup affiliates have agreed to pay nearly US$180 million to settle charges that they defrauded investors.

By Staff |August 17, 2015

3 min read

SEC fines firm for operating secret trading desk

ITG and its affiliate, AlterNet Securities, have agreed to pay US$20.3 million to settle SEC charges that they operated a secret trading desk and misused dark pool subscribers’ confidential trading information.

By Staff |August 12, 2015

3 min read

New best interest standards need clarity, says FINRA

The Financial Regulatory Authority is pushing back against a U.S. government proposal meant to cut down on conflicts on interest between brokers and investors.

By Staff |July 20, 2015

1 min read