Operator of bitcoin stock exchange penalized by US SEC

Last Updated: Tuesday, December 9, 2014, 09:00

The operator of a stock exchange that allowed clients to use bitcoins to trade in certain securities was ordered by U.S. regulators to pay $68,000 to resolve claims that he did not register the exchanges.

SEC charges India-origin person for share sale fraud

Last Updated: Wednesday, December 3, 2014, 17:16

US market regulator SEC has charged India-origin Vinay Kumar Nevatia for fraudulent sale of shares to the tune of USD 900,000 by claiming that he owned these stocks.

Sebi fines 6 merchant banks for disclosure lapses in CARE IPO

Last Updated: Friday, November 28, 2014, 18:02

The six merchant banks have been asked to pay a fine of Rs 1 crore -- the maximum penalty applicable for violation of disclosure related norms in IPO documents -- within 45 days.

Sebi imposes Rs 1 crore fine on six merchant bankers

Last Updated: Friday, November 28, 2014, 17:24

The merchant bankers fined by Sebi are Kotak Mahindra Capital, DSP Merrill Lynch, Edelweiss, ICICI Sec, IDBI Capital Market and SBI Cap.

KPMG to pay $8.2 million to settle SEC charges

Last Updated: Sunday, January 26, 2014, 16:48

KPMG has reportedly agreed to pay a whopping 8.2 million dollars to settle SEC charges.

Martoma cannot use testimony from SAC's Cohen at trial-judge

Last Updated: Thursday, January 9, 2014, 02:17

Former SAC Capital Advisors portfolio manager Mathew Martoma cannot introduce excerpts from a deposition of his former boss, billionaire Steven A. Cohen, in his defense against criminal insider trading charges, a Manhattan federal judge ruled.

Ex-Goldman VP Tourre denied a new trial in SEC case

Last Updated: Wednesday, January 8, 2014, 04:53

Fabrice Tourre, the former Goldman Sachs Group Inc vice president who was found liable for defrauding investors over a failed mortgage transaction, has failed to persuade a federal judge to dismiss the case or give him a new trial.

SEC orders transfer of police officer on code violation charge

Last Updated: Tuesday, January 7, 2014, 22:48

The State Election Commission Odisha on Tuesday ordered transfer of a police inspector as both the ruling BJD and opposition Congress lodged allegation and counter allegation against each other on charge of model code of violation.

Facebook expects to raise $1.48 bn from follow-on offering

Last Updated: Tuesday, December 24, 2013, 17:21

Social networking giant Facebook expects to raise about USD 1.48 billion from its underwritten registered public offering of 70 million shares at USD 55.05 per share.

RBI to infuse additional Rs 10,000 cr liquidity on Friday

Last Updated: Wednesday, December 11, 2013, 20:53

The Reserve Bank Wednesday said it will infuse an additional Rs 10,000 crore into the system on Friday to ease the tight liquidity situation, ahead of commencement of advance tax payments.

Spike in govt bond yield temporary, may soften soon: FM

Last Updated: Tuesday, November 19, 2013, 22:43

Finance Minister P Chidambaram Tuesday expressed optimism that the spike in government bond yields will come down soon as he feels the recent rally in temporary.

Steps to broaden G-secs market in coming weeks: Rajan

Last Updated: Friday, November 15, 2013, 18:44

To broaden financial markets, the Reserve Bank will unveil steps to improve the liquidity and depth of government securities market in the coming weeks.