Surveillance spend to soar as regulators crack down
May 11, 2012 - Spending on market surveillance programmes covering equities and derivatives trading across Europe will grow by at least eight per cent in 2012, increasing from EUR105 million in 2011 to EUR126 million by 2014, according to research from Tabb Group.
SEC Charges Goldman, Sachs & Co. Lacked Adequate Policies and Procedures for Research “Huddles”
April 12, 2012 - The Securities and Exchange Commission today charged that Goldman, Sachs & Co. lacked adequate policies and procedures to address the risk that during weekly "huddles," the firm's analysts could share material, nonpublic information about upcoming research changes.
RBS 'sacks employees due to regulatory probe'
February 10, 2012 - The Royal Bank of Scotland (RBS) has reacted to the ongoing regulatory probe into potential interest-rate manipulation by firing at least four employees.
SEC Announces National Seminar for Compliance Officers and Senior Personnel
December 8, 2011 - The Securities and Exchange Commission today announced the opening of registration for its national seminar to help chief compliance officers (CCOs) and other senior personnel at investment management firms enhance their compliance programs for the protection of investors.
SEC rebukes Finra over altered documents
October 28, 2011 - US watchdog Finra has been given a taste of its own medicine, scolded by the Securities and Exchange Commission (SEC) for allegedly doctoring documents before passing them on.
