UPDATE: Scotland Votes “No” on Independence
On September 18, Scotland voted “No” on independence from the U.K. by a 55%-to-45% margin.
SEC, CFPB Enforcement: AgFeed Fined $18M for Fattening Its Stock Price
Meanwhile, the CFPB sued for-profit chain Corinthian Colleges for predatory lending, and a hedge fund manager was charged with pocketing extra fees.
Scottish Independence Vote Shakes Up U.K. Economy
While the outcome has yet to be decided, the toll on the economy of the U.K. has been substantial.
Philippines: Hot Market, Growing Economy
Port bottleneck threatens growth while planned mineral export ban drives prices higher.
Investors Keep Close Eye on ISIS Insurgency, Impact on Economies
Moves by the European Central Bank and Western governments to ensure liquidity in the global financial system provide support as ISIS threat continues.
SEC Enforcement: Balmy Belize No Refuge for Stock Scammers
In another action, a Massachusetts-based biotech company and its former CEO have been charged with defrauding investors
China Muni Bonds Now Offer More Transparency, Regulation
China migrates toward greater openness of its financial markets and a changing approach to regulation and transparency.
New Hire Roundup: Senate Confirms Social Security Advisory Board Members
Meanwhile, Mike DiCenso joined Mesirow Financial as managing director and head of national sales in its investment strategies division.
FINRA Enforcement: HFP Capital Markets Expelled From FINRA for Note Fraud
FINRA also censured Saddle River, New Jersey-based Felix Investments.
New Hire Roundup: Needleman Named to CFPB Advisory Board
Meanwhile, Dave Rau will head the trust tax group at U.S. Bank Wealth Management.