52 articles found within the last year.
Displaying results 41 - 52
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Harvard's endowment cut holdings of stocks and listed funds last year
Harvard University's endowment, the largest in higher education, ... filing with the Securities and Exchange Commission. Three months before, the endowment held about 200 stocks and other vehicles worth just under $2.9bn. ... The filing offers only a limited look at...
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SEC strikes partial settlement with Madoff in civil case
The Securities and Exchange Commission struck a partial ... The pact, subject to approval by a judge,...
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Managers go up for sale as banks count the cost
foreseen. But ... purchase $2.5bn of securities from some “stable value” funds last year and contribute $450m ... anagers – with the Securities and Exchange Commission. ... that escaped the SEC’s own attempt to force them into registration. Mu ... onzi scheme, that the SEC just doesn’t really care about....
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Madoff whistleblower slams SEC for ‘incompetence’
on the US Securities and Exchange Commission, according to report in The Times, London. ... - charged the SEC with being afraid of confronting big Wall Street investors and of bein...
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UBS Swiss Accounts Fare Well at IRS So Far
not reporting taxable securities in UBS-managed Swiss bank accounts, and so far seem ... to report U.S. securities they held in the accounts to the IRS, and in that way avoided paying tax on them. ... tax on U.S. securities held in the Swiss accounts. The Securities ... auditing him already; second, the money in question must be from a legal source (in the case of UBS, this would be money held in the account); third, he must reveal any other tax im...
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Fairfield extended Madoff's reach
An investment fund with ties to Bernard Madoff ... The Securities and Exchange Commission, as part of ... Fairfield co ... and a former SEC official -- had a total of about $7.5bn with Ma ... Madoff and his securities business to th ... a gold-plated rés...
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Fairfield Greenwich helped Madoff raise billions
Fairfield Greenwich Group is emerging as a key ... The Securities and Exchange Commission, as part of ... Since then, Fairfield Greenwich has raised about $1.7bn...
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Comment: Madoff scandal should teach us scepticism
the regulatory and securities markets regime in the US." ... sure, and the S ... unctions at Madoff Investment Securities were separated. ... it was to secure credit until this year. It was only when liquidity dried up and redemptions from the Madoff funds started that the jig was up. ...
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A 10-point checklist for avoiding a Ponzi fund
Some of the world's largest and most sophisticated ... (1) Does the fund have an independent agency ... Christopher Miller, chief executive of hedge fund ratings ... "When returns are good there is a tendency ... much more the SEC could have done that everyone investing in the fund did."...
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Citigroup and UBS settle deal on payback
Investors with auction-rate securities from Citigroup and UBS ... that include the Securities and Exchange Commi ... $6.2bn (€4.6bn) of auction- ... $8.3bn of auction-rate securities held by its priv ... Cuomo and state securities regulators ... deals with the SE...
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Top Wall Street broker accused of fraud
alleged by federal pr ... L. Madoff Inves ... by operating a securities business in which he traded and lost investor money, and then paid certain investors purported ... Thursday with criminal securities fraud by federal prosecutors in Manhat ... a $10m bond secured by his Manhattan apartment. A preliminary hearing was scheduled for Jan. 12. He declined commen ... statements for his secretive investment advisory business "under lock an ... worked for the securities ... president of the Securities Traders Association of New York....
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News analysis: Shorting is not the problem for Citigroup
chairman of the Securities and Exchange Commission on Thursday to discuss reinstati ... International Organisation of Securities Commissions today to discuss concerted regulatory measures. ... regulators act against securities law violations, including abusive short selling, ... October 8. The SEC instituted the prohibition in September...
