Indian entrepreneur charged with fraud in US

Last Updated: Thursday, May 14, 2015, 12:58

The complaint alleges that Ahmed transferred approximately USD 27.5 million in illegal profits to accounts under his control at the expense of investors.

BlackRock to close or combine some money-market funds: Report

Last Updated: Tuesday, April 7, 2015, 08:41

BlackRock Inc , the world`s largest money manager, will close or consolidate some money-market funds as the company responds to recent regulatory reforms, the Wall Street Journal reported.

Attorney Generals of Texas, California probe DRL's drug pricing mechanism

Last Updated: Wednesday, February 25, 2015, 10:50

Attorney Generals of Texas and California have separately sought information on pricing of some drugs sold by Dr Reddy's Laboratories in the US, according to the latest filing for the drug maker with SEC.

Indian-American attorney, wife charged with insider trading

Last Updated: Tuesday, December 23, 2014, 09:55

California-based Shivbir Grewal and Preetinder Grewal agreed to pay USD 90,000 to settle the federal regulator US Securities and Exchange Commission's charges.

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.

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.

US SEC tightens leash on exchanges post 'flash crash'

Last Updated: Friday, January 13, 2012, 13:05

The May 2010 "flash crash" was bad for almost everyone involved in the stock market, but for the US Securities and Exchange Commission, it was a disaster.