Author: InvestAdvocate

SEC Charges Former Financial Consultant for Providing Father and Friends Inside Information Regarding Firm’s Client

Consultant’s father and two friends charged with making more than $1 million in illicit insider trading profits September 13, 2024/US SEC The Securities and Exchange Commission today charged Federico Nannini, his father, and two of his friends for insider trading in advance of the pending acquisition of Infrastructure and Energy […]

SEC Obtains Final Judgment Imposing Over $600,000 in Monetary Relief Against Alleged Unregistered Broker

September 13, 2024/US SEC On September 10, 2024, the U.S. District Court for the Southern District of New York entered a final consent judgment against Frank M. Vecchio, enjoining him from violating certain provisions of the federal securities laws and ordering disgorgement and civil monetary penalties. The SEC’s complaint, filed […]

NGXASI Advance +0.44%, Driven by Banking Counters

September 13, 2024/InvestmentOne Report The NGXASI advanced today by 0.44% to close at 97,456.62pts as investors buy interest in FBNH (+9.85%), ETI (+9.95%) and ZENITHBANK (+2.70%) drove the local equities market into the green zone. In the fixed income space, the Treasury Bills secondary market closed downwards driven by selloffs particularly on […]