SEC Enforcement: Layne Christensen Fined $5M on Bribery Charge
Meanwhile, the SEC sanctioned Florida-based auditor Eliot Berman for violating federal laws and regs.
New Hire Roundup: SEC Names Levine to Head Advisor Exams in Chicago
In another career move, Elliot Hollingsworth has joined wealth advisory firm Halbert Hargrove as regional director.
SEC, FINRA Enforcement: HFT Firm Charged With Manipulating Closing Prices
In another action, FINRA slapped TD Ameritrade for a recordkeeping failure.
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.
Best & Worst U.S. Companies for 401(k) Benefits
Bloomberg ranked the 250 biggest companies in the U.S. on who offers the most generous 401(k) matches.
Swiss Endanger EU Ties With Immigration Vote
Swiss opposition to “free travel” could cost the country’s economy dearly.
China’s Economy Shows Signs of Stabilization, Still Offers Opportunities
The slowdown in China’s formerly roaring economy has alarmed many who worry that a drop in its massive consumption and production will take the rest of the world down with it.
SEC Charges SAC Capital’s Cohen
The SEC on Friday charged hedge fund advisor Steven Cohen, founder of SAC Capital Advisors, with failing to prevent two portfolio managers from insider trading.
Philanthropy by Big Companies Rose During Slow Recovery
Noncash giving in particular has surged since 2007, according to a new report from the Committee Encouraging Corporate Philanthropy.
Pharma Patent Ruling Pinches Opportunities in Emerging Markets
The decision by an Indian court not to grant a new patent to Novartis for a modified form of its cancer drug Glivec was a heavy blow to the company.