August 8, 2018/US SEC On August 6, 2018, the Securities and Exchange Commission charged Salvadore D. Palermo, a trader formerly employed by J.P. Turner & Company, L.L.C., with entering fictitious sales of market-linked certificates of deposit (MLCDs) in order to avoid J.P. Turner’s inventory limitations for the fixed income products. […]
Frauds & Scandals
SEC Charges U.S. Congressman and Others With Insider Trading
August 8, 2018/US SEC The Securities and Exchange Commission today announced the filing of insider trading charges against Congressman Christopher Collins, the U.S. Representative for New York’s 27th Congressional District, his son, Cameron Collins, and a third individual, Stephen Zarsky. In a parallel action, the U.S. Attorney’s Office for the […]
Staco Fires Sakiru Oyefeso as CEO, Appoints Bayo Fakorede
August 8, 2018/NSE We wish to notify The Exchange, our shareholders and our esteemed stakeholders that the Board of Directors of Staco Insurance Plc (the Company) at its meeting held in Lagos on the 30th day of July 2018, passed a resolution dismissing Dr. Sakiru Oyefeso as the Chief […]
