SEC

For many industries, information flow has seen a remarkable transformation from paper mediums to digital in order to save time, space and money. Not to mention digital mediums tends to be more organized than paper-based information. Paper companies have not backed down to the industry threat,...

Neuromama Ltd (OTC: NERO), a $35 billion company that operates a search engine and is shrouded in mystery, saw its shares halted by the Securities and Exchange Commission (SEC) on Monday. Neuromama trades on the over-the-counter market in the United States, and shares have been halted since the...

Shareholders of public companies have a legal right to material information and news about what’s going on inside the company. Since shareholders can’t attend management meetings or daily company briefings, companies must disclose this information by filing a number of mandated...

Merrill Robertson Jr., a former professional football player for the Philadelphia Eagles, was charged Wednesday with defrauding investors by the Securities and Exchange Commission. The SEC said in a release that Robertson defrauded investors, including coaches he played for while spending time...

The Securities Exchange Commission said it has secured a court-ordered freeze on the assets of two former brokers, namely Hugh Brennan III and Douglas Albert Dyer, who have been accused of fraud. Modus Operandi The fraudsters were charged with the crime of cheating 240 investors of more than $5...

A 13D filing is the SEC filing in which shareholders or investors in a publicly-traded company must disclose a stake of more than 5 percent in that company's shares of common stock. 13Ds are notable for their attachment to activist investors, those which have chosen to engage the company's...

A 13G filing is the SEC filing in which shareholders or investors in a publicly-traded company must disclose a stake of more than 5 percent in that company's shares of common stock. A shareholder filing a 13G is commonly referred to as a "passive" investor. The passivity of the filing indicates the...

The U.S. Securities and Exchange Commission is meeting Tuesday to discuss potential changes to the definition of an “accredited investor.” While this type of legal nuance may seem boring, it could have major implications on startups and peer-to-peer lenders like LendingClub Corp...

The U.S. Securities and Exchange Commission (SEC) announced on Wednesday that it will receive a $7 million penalty from Citigroup Inc (NYSE: C) and an admission of wrongdoing. Citigroup Global Markets will pay the fee and admit wrongdoing to settle charges regarding a coding error, which resulted...

Investors appear to be unconcerned with the $415 million fine the U.S. Securities and Exchange Commission handed to Merrill Lynch on Thursday, the wealth management and financial services firm owned by Bank of America Corp (NYSE: BAC). Merrill Lynch accepted the fine and agreed to pay $415...

A leveraged exchange-traded funded (ETF) offers investors and traders a leveraged exposure to the price performance of an index. For example, the Direxion Daily Financial Bear 3X Shares (NYSE: FAZ) is designed to offer an investment return approximately equal to 300 percent of the inverse (or...

There is only one event that's garnering more national media attention than the upcoming presidential election: the coverage of Jim Harbaugh and his satellite camp tour. This noteworthy phenomenon has blossomed into much more than a recruiting tool for his football program; it now encompasses...

A new Wall Street Journal report by Jean Eaglesham reveals just how rarely individual bank employees are convicted of crimes. Following the Financial Crisis in which irresponsible lending and trading practices at the big banks nearly led to the collapse of the U.S. financial system, many Americans...

Bloomberg reported on Monday that the U.S. Securities and Exchange Commission began an investigation into Deutsche Bank AG (USA) (NYSE: DB) and its mortgage-bond trading business. Investigators are examining the positions the bank's unit held and whether the bank delayed recording losses on...

The U.S. Securities and Exchange Commission (SEC) Chair Mary Jo White said the global financial system faces the biggest risk from cybersecurity, according to Reuters. The comments from White come after an $81 million cyber theft from the Bangladesh central bank, channeled through SWIFT. The SEC...