In Your Interest
August 20, 2018/US SEC The Securities and Exchange Commission today announced that Citigroup has agreed to pay $10.5 million in penalties to settle two enforcement actions involving its books and records, internal accounting controls, and trader supervision. The charges stem from $81 million of losses due to trader mismarking […]
August 20, 2018/US SEC The Securities and Exchange Commission announced the entry of final judgments against two traders who received tips of material, nonpublic information about negative drug trial results for Innate Immunotherapeutics. Lauren Zarsky and her mother, Dorothy Zarsky, consented to the entry of final judgments without admitting or […]
Culled–Proshare 18/8/2018/SEC Ed(as adpted) There are documented cases of potential scams in which fraudsters may pose as brokers pretending to sell pending IPO or pre-IPO shares of well-known companies. Fraudsters sometimes use official looking forms that seem to come from the regulators or approved CMO’s or another legitimate source to […]