All Finance articles – Page 38
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News BriefEnergy broker Coquest fined by CFTC in block trade manipulation case
Energy broker Coquest, its owners, and trading affiliates agreed to pay a total of nearly $3 million to resolve allegations from the Commodity Futures Trading Commission the firm failed in its oversight responsibilities regarding more than 2,000 trades made against its customers.
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New York Life promotes corporate compliance VP to CCO
New York Life announced the promotion of Senior Vice President of Corporate Compliance Sandi Tillotson to chief compliance officer.
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Mr. Cooper Group appoints chief risk and compliance officer
Home loan servicer Mr. Cooper Group announced the appointment of Christine Paxton as executive vice president and chief risk and compliance officer.
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News BriefSEC fines broker-dealer $100K over SARs reporting failures
Cambria Capital agreed to pay $100,000, hire an independent anti-money laundering consultant, and be censured for failing to file suspicious activity reports on certain transactions over a two-year period, according to the Securities and Exchange Commission.
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Kinetic Investment Management appoints chief compliance officer
Kinetic Investment Management announced the appointment of Dawn Rybak as chief compliance officer.
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PremiumAnti-ESG fervor catching fire with Republican lawmakers
The blowback against environmental, social, and governance initiatives in investments and corporate strategies is quickly building momentum in conservative politics, with nearly two dozen states proposing bills that limit ESG investments.
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Z Capital Group promotes CCO to general counsel
Z Capital Group announced the promotion of Chief Compliance Officer Erik Kreutzer to general counsel, chief compliance officer, and head of legal.
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ConvexityShares Trust appoints interim chief compliance officer
ConvexityShares Trust, an exchange-traded fund provider, announced the appointment of Joseph Ferraro as interim chief compliance officer, according to a public filing.
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News BriefEx-CCO gets three years in prison for wire fraud
A former chief compliance officer of an unnamed New York-based investment adviser was sentenced to three years in prison for defrauding clients and her employer.
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SEC commissioners question best execution ruling in Huntleigh Advisors case
Huntleigh Advisors and affiliate Datatex Investment Services agreed to pay $893,502 to settle charges laid by the Securities and Exchange Commission regarding failure to disclose conflicts of interest to their advisory clients over eight years.
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PremiumRuling in Experian GDPR case thrusts ‘legitimate interest’ into spotlight
Experian won a legal battle against the U.K. Information Commissioner’s Office after the data regulator ordered the credit reference agency to make “fundamental changes” over the way it handled personal data for direct marketing purposes or stop altogether.
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CBRE adds ex-Microsoft environmental head as chief sustainability officer
Commercial real estate and investment firm CBRE Group announced the appointment of Robert Bernard as chief sustainability officer and senior vice president, client sustainability solutions.
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Marqeta recruits chief legal officer from Blend
Card issuing platform Marqeta announced the appointment of Crystal Sumner as chief legal officer.
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Spirit Super names chief risk officer
Australia-based financial services company Spirit Super appointed Will Sadler as chief risk officer.
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News BriefSEC cites CCO error in HITE Hedge short selling case
Investment advisory firm HITE Hedge Asset Management and its private fund clients agreed to pay more than $220,000 to settle allegations the firm violated a Securities and Exchange Commission rule concerning short selling.
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Mastercard promotes CCO to chief risk officer
Mastercard announced the promotion of Chief Compliance Officer Karen Griffin to chief risk officer.
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News BriefMormon church, investment manager pay $5M for misstating asset ownership
The Church of Jesus Christ of Latter-day Saints and its investment advisory firm agreed to pay a total of $5 million to settle charges from the Securities and Exchange Commission that both entities conspired to obscure the value of the church’s investments.
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News BriefSEC, CFTC order Options Clearing Corp. to pay $22M over internal rule failures
Options Clearing Corp. agreed to pay $22 million as part of settlements with the Securities and Exchange Commission and Commodity Futures Trading Commission addressing charges the company failed to comply with internal rules to manage risks.
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Coalesce Capital appoints chief compliance officer
Private equity firm Coalesce Capital announced the appointment of Bethany Foullois as chief compliance officer and chief operating officer.
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News BriefSEC proposes expansion of RIA custody rule
The Securities and Exchange Commission proposed registered investment advisers be required to place nearly any asset, not just cash and securities, with qualified custodians, thereby expanding the scope of client assets.