Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
PFS Investments Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 13.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The firm owned 181,656 shares of the exchange traded fund's stock after purchasing an additional 21,381 shares during the period.
On September 11, 2018, Judge Raymond J. Dearie of the U.S. District Court for the Eastern District of New York issued a new decision in U.S. v. Zaslavskiy , No.
New York's Comptroller Tom DiNapoli says he backs a bill by U.S. Senator from Massachusetts, Elizabeth Warren, to require that publicly traded... New York's Comptroller Tom DiNapoli says he backs a bill by U.S. Senator from Massachusetts, Elizabeth Warren, to require that publicly traded companies disclose to the Securities and Exchange Commission, or SEC, how their businesses effect climate change. The companies would have to report greenhouse gas emissions, and what steps they are taking to minimize the risks in the operations.
The new executive order granting agency chiefs the power to hire administrative law judges according to their own standards - and eliminating the exam and competitive hiring process formerly in place - could turn the position of ALJ into a politicized one, critics of the move argue. The "Executive Order Excepting Administrative Law Judges from the Competitive Service," signed by President Donald Trump on July 10, attempts to solve the problems raised by the Supreme Court's decision this year in Lucia v.
U.S. Senators Joe Donnelly and Dean Heller introduced the bipartisan National Senior Investor Initiative Act of 2018 today in the Senate. The proposal, which is aimed at protecting seniors from financial crimes and scammers, would create a dedicated task force within the Securities and Exchange Commission to strengthen protections for seniors who make investments.
Eqis Capital Management Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission . The fund owned 144,339 shares of the exchange traded fund's stock after purchasing an additional 8,295 shares during the quarter.
The Tesla whistleblower scandal intensified Wednesday with reports that Martin Tripp's counsel, Meissner and Associates, had filed a claim on his behalf with the Securities and Exchange Commission. Other news outlets have done an excellent job of reporting on Tripp's accusations, but my focus is on the potential downside for Tesla shares from an SEC investigation.
On June 28, 2018, the U.S. Securities and Exchange Commission proposed amendments to the rules governing its whistleblower program. Press Release, SEC Proposes Whistleblower Rule Amendments , No.
Monroe resident Edward J. DiMaria pleaded guilty in June 2018 to a "cookie jar" scheme in which he cooked the books of Bankrate while chief financial officer to boost the financial information website's earnings, resulting in investors losing $25 million. less Monroe resident Edward J. DiMaria pleaded guilty in June 2018 to a "cookie jar" scheme in which he cooked the books of Bankrate while chief financial officer to boost the financial information website's ... more Monroe resident Edward J. DiMaria pleaded guilty to a "cookie jar" scheme in which he cooked the books of Bankrate while chief financial officer to boost the financial information website's earnings, resulting in investors losing $25 million.
The Securities and Exchange Commission has charged James Hocker, a Bellefonte, Penn., insurance agent, with engaging in a Ponzi scheme that targeted unsophisticated retail investors. After selling insurance policies, according to the SEC's complaint, Mr. Hocker encouraged his clients to invest with him by promising guaranteed returns of between 10% and 30% from investments he would make on their behalf.
In May, the Revolving Door Project and over 30 other organizations urged Senate Democrats to push for strong progressives for the leadership positions at key financial agencies allocated to Democrats. Democrats now have a chance to demonstrate that they have become the party of the people by whom they choose for open leadership positions at the Securities and Exchange Commission and the Federal Deposit Insurance Corporation .
PNC Financial Services Group Inc. lessened its stake in iShares Barclays 7-10 Year Trasry Bnd Fd by 9.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 270,389 shares of the exchange traded fund's stock after selling 28,268 shares during the quarter.
Trump's pick to lead the Consumer Financial Protection Bureau says he wants to give it the credibility of the SEC. One of the first things Mick Mulvaney did last year after President Trump asked him to be acting director of the protect consumers from the abuses of the financial industry and is one of the Democratic Party's proudest recent achievements.
Republicans finally managed to roll back some of the Wall Street regulations passed by Congress in the wake of the 2008 financial crisis after years of trying. While it wasn't a full repeal as some had hoped, it's the first legislative overhaul since the Dodd-Frank Act became law in 2010.
American Asset Management Inc. lessened its holdings in Ishares Lehman 20 Year by 95.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission . The fund owned 18,914 shares of the exchange traded fund's stock after selling 425,396 shares during the quarter.
Millennium Management LLC trimmed its holdings in shares of Engility by 63.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The firm owned 66,205 shares of the aerospace company's stock after selling 115,801 shares during the period.
An upcoming Supreme Court decision in a case most Americans have never heard of, and even lawyers will find obscure, could offer a clue about how the justices would react to President Trump firing Special Counsel Robert Mueller. Technically, the case of Raymond J. Lucia v.
President Trump says he has the power to fire special counsel Robert S. Mueller III, who is leading the Russia investigation. President Trump says he has the power to fire special counsel Robert S. Mueller III, who is leading the Russia investigation.
The fiduciary rule may be taken off the books as a result of the ruling, and an SEC fiduciary standard wouldn't cover products not registered as securities Indexed annuities - and the intermediaries that sell them - appear to be the biggest benefactors of an appellate court's decision last week to vacate the Department of Labor fiduciary rule. While observers are divided on the ruling's implications, a consensus seems to be growing that the fiduciary rule would be erased nationwide if the DOL doesn't appeal - a potential outcome given the Trump administration's deregulatory agenda.
A harrowing journey for the Labor Department's fiduciary rule has become even more treacherous in the last few days, following a decision by the 5th Circuit Court of Appeals to strike down the regulation . Will the DOL appeal the 5th Circuit decision? The agency has until April 30 to request a rehearing of the appeal before the entire 17-judge 5th Circuit.