20/9/2018/US SEC The Securities and Exchange Commission today charged the former chief financial officer of Barrett Business Services Inc. for his role in an accounting fraud involving BBSI’s workers’ compensation expenses. The SEC also charged BBSI in the accounting fraud and charged the company’s former controller for his role in improperly […]
Investors Bite
IOSCO Issues Policy Measures to Protect Investors of OTC Leveraged Products
19/9/2018/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) today issued a final report providing measures for securities regulators to consider when addressing the risks arising from the marketing and sale of OTC leveraged products to retail investors. Simultaneously, the Board issued a public statement on the risks […]
SEC Charges Two Brokers with Defrauding Customers
19/9/2018/US SEC On September 7, 2018, the Securities and Exchange Commission charged two brokers for recommending excessive levels of trading that were costly for retail customers but lucrative for the brokers. In separate complaints filed in federal court in Manhattan on Friday, the SEC alleges that Florida resident Emil Botvinnik […]
