September 23, 2008 at 9:09 am
· Filed under SEC
As part of the Securities and Exchange Commission’s third annual Seniors Summit held in Washington today, the staff of the SEC along with the Financial Industry Regulatory Authority (FINRA) and the North American Securities Administrators Association (NASAA) released a joint report outlining practices that financial services firms can use to strengthen their policies and procedures for serving older investors as they approach and enter retirement.
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September 23, 2008 at 7:09 am
· Filed under SEC
The Securities and Exchange Commission today charged a former broker in South Florida who allegedly defrauded senior citizens and other customers through a variety of abusive sales practices, garnering him more than $700,000 in commissions and fees while causing more than $2.7 million in investor losses.
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September 22, 2008 at 5:09 am
· Filed under SEC
The Securities and Exchange Commission today charged an unregistered broker-dealer and his company, Loveland, Colo.-based Global Marketing Consultants LLC, with misappropriating funds from seniors and other investors through two investment schemes.
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September 22, 2008 at 5:09 am
· Filed under SEC
The U.S. Securities and Exchange Commission today approved amendments to its emergency order of September 18 (Release No. 58591) requiring that certain institutional money managers report their new short sales of certain publicly traded securities.
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September 22, 2008 at 4:09 am
· Filed under SEC
Securities and Exchange Commission Chairman Christopher Cox announced that U.S. Bankruptcy Court Judge James M. Peck this morning approved the sale of substantially all of the assets of Lehman Brothers, Inc., to Barclays Capital.
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September 22, 2008 at 4:09 am
· Filed under SEC
Statement of SEC Division of Trading and Markets Regarding the Protection of Customer Assets
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September 22, 2008 at 3:09 am
· Filed under SEC
Commission Also Takes Steps to Increase Market Transparency and Liquidity
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September 22, 2008 at 3:09 am
· Filed under SEC
The Securities and Exchange Commission’s Division of Trading and Markets today issued the following statement.
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September 22, 2008 at 3:09 am
· Filed under SEC
The Commission has approved technical amendments to the Emergency Order banning short selling in financial stocks.
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September 22, 2008 at 2:09 am
· Filed under SEC
The Securities and Exchange Commission today announced a sweeping expansion of its ongoing investigation into possible market manipulation in the securities of certain financial institutions. The expanded investigation will include obtaining statements under oath from market participants.
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