Ex-CFO at Schorsch-Related REIT Arrested
The SEC and U.S. Attorney took action against Brian Block while pressing charges against Lisa McAlister, who has pleaded guilty.
Goldman Sachs Bans Partners From Giving to Certain Candidates
The restrictions affect donations to Trump-Pence GOP ticket; Wall Street firm says it is seeking to avoid reputational risk.
SEC Bars 2 Advisors Who Said They Managed Money ‘God’s Way’
The advisors promised investors "indestructible wealth" while misusing their money, the SEC said.
SEC Charges Hedge Fund Manager in Scheme Involving Terminally Ill
Donald Lathen allegedly paid 60 patients $10,000 each to use their names on accounts, redeeming their investments after they died.
Anthem-Cigna and Aetna-Humana breakup provisions, dissected
One deal includes a $1.85 billion termination fee; the other, a $1 billion termination fee.
SEC Proposes Making Brokers Reveal Where Client Orders Go
Regulator seeks comment on ramped-up broker disclosure rules; institutions would get more information on how orders filled.
FINRA Fines Deutsche Bank $6M for Bad, Late Trading Data
The failures in the firm's blue sheet data systems involved over 1 million trades from 2008 to 2015.
SEC Deals Merrill a $425M Wallop; Other Firms Could Be Next
The regulator says the wirehouse failed to safeguard investors' cash and other holdings; other broker-dealers must self-report customer protection violations by Nov. 1.
Silicon Valley’s Audacious Plan to Create a New Stock Exchange
The author of “The Lean Startup” and his team are in early talks with the SEC.
Wall Street’s Alliance Against Hackers
Cybersecurity alarms have brought financial institutions and regulators into common cause