Federal regulators are probing whether several big banks deliberately mispriced mortgage bonds in the years following the financial crisis, the Wall Street Journal reported, citing people close to the inquiry. The new investigation is a potential blow to the banks as they have already paid billions of dollars in penalties […]
Tag: Securities and Exchange Commission
Nigeria’s SEC Indicts Vicad Securities, 16 Others for Insider Dealings
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Monday said it has indicted Vicad Securities Limited and sixteen (16) others for insider dealings. According to SEC, Vicad Securities and the 16 other respondents were indicted for failure/refusal of the respondents to cross investor shares worth N18 million […]
SEC Indicts Sterling Registrars, Six Others Over Unlawful Allotment of Shares
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) Monday announced it has indicted Sterling Registrars Limited and six (6) other persons as Respondents for unlawful Allotment of Shares. payment of return monies to persons not entitled thereto and violations of the SEC Rules and Regulations (As Amended) […]
