Macquarie Subsidiary to Pay $80M SEC Fine for Overvaluing Assets
The SEC’s order pertained to collateralized mortgage obligations held in 20 advisory accounts, including 11 mutual funds.
Macquarie Unit Settles SEC Fraud Allegations for $79.8 Million
Macquarie Investment Management Business Trust agreed to settle allegations by the Securities and Exchange Commission that the company inflated the value of thousands of illiquid investments and overstated the performance of client accounts.
Macquarie unit to pay nearly $80 million to settle SEC charges
A Macquarie Group investment adviser has agreed to pay $79.8 million to settle charges in connection with overvaluing collateralized mortgage obligations (CMO) held in advisory accounts, the U.S. Securities and Exchange Commission said.
SEC Fines Macquarie Investment Management $80M to Settle CMO Charges
The Securities and Exchange Commission said Macquarie Investment Management Business Trust will pay nearly $80 million to settle charges related to collateralized mortgage obligations. The SEC said the investment adviser will pay $79.
Australian Asset Manager Macquarie Paying $80 Million to Settle Fraud Claims
The Securities and Exchange Commission said Thursday that asset manager Macquarie will pay nearly $80 million to settle an investigation into how it valued illiquid mortgage securities that it traded with some of the mutual funds it managed.
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SEC to boost NGX listings with govt-owned enterprises
The Securities and Exchange Commission has encouraged government agencies and state-owned enterprises to list on the Nigerian ...
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SEC Continues Scrutiny of Provisions That Might Impede Whistleblowers
On September 9, 2024, the Securities and Exchange Commission (SEC) announced settled charges against seven public companies ...
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US Lawmakers Demand Answers From Gary Gensler on SEC’s Position That Crypto Airdrops Are Securities Transactions
Two crypto-friendly US lawmakers want U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to clarify the ...
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SEC: DeFi Platform Rari Capital Charged with Acting as Unregistered Broker, Misleading Investors
Rari Capital has settled charges by the Securities and Exchange Commission (SEC), which claims the firm engaged in ...
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SEC Amends Reg. NMS, Changing Minimum Pricing Increments, Access Fee Caps, and Round Lot/Odd Lot Dissemination
The Securities and Exchange Commission adopted amendments to Reg. NMS on September 18, 2024, covering a broad range of market ...
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SEC made up ‘digital asset security’ out of thin air, says US Rep
The US Securities and Exchange Commission (SEC) is regularly criticized by government officials and crypto leaders for its ...
Hedge fund Two Sigma in settlement talks with US SEC, WSJ reports
Hedge fund Two Sigma is likely to have to pay as much as $100 million to resolve a U.S. Securities and Exchange Commission ...
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'Biblically Minded' Firm Settles SEC Charges Over Misleading Strategy
Inspire Investing will pay $300,000 to settle allegations that its process did not support its claims of using a “data-driven ...
Hedge Fund Two Sigma Is in Settlement Talks With SEC
The firm is likely to pay as much as $100 million to settle a probe of a trading scandal.
Terraform Labs approved for bankruptcy wind-down after US SEC settlement
Terraform Labs received court approval on Thursday to wind down its operations in bankruptcy after agreeing to settle a U.S.
SEC finalizes overhaul of stock pricing and exchange fee structure
The access fee caps help to ensure that market participants have fair access to the best displayed prices, the SEC said in a fact sheet.