September 16, 2019/SEC The Securities and Exchange Commission, SEC has assured investors that the Commission is committed to ensuring that suspicious transactions are not allowed in the capital market. To this end, the Acting Director General of the SEC, Ms. Mary Uduk, urged market operators to make use of the […]
Frauds & Scandals
Nigerian Breweries Issues Update on Media Report Alleging its Dutch CEO of Corruption
September 4, 2019/NSE Nigerian Breweries Plc is aware of the recent publication by an online news platform about an alleged incident that occurred in early 2017. At HEINEKEN, we do not tolerate bribery or corruption at any level. If an allegation emerges, a thorough investigation is carried out to establish […]
SEC and CFTC Charge Options Clearing Corp. With Failing to Establish and Maintain Adequate Risk Management Policies
OCC to Pay Combined $20 Million Penalty September 4, 2019/US SEC The Securities and Exchange Commission and the Commodity Futures Trading Commission today announced that the Options Clearing Corporation (OCC) will undertake remedial efforts and pay $20 million in penalties to settle charges that it failed to implement policies to […]
