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  • SEC Charges San Diego-Based Investment Adviser And Its President With Fraud

    Date 10/11/2011

    The Securities and Exchange Commission today charged a San Diego-based investment advisory firm and its president with fraud for failing to disclose a conflict of interest to clients and materially misrepresenting the liquidity of a hedge fund they managed.

  • FINRA Fines Morgan Stanley $1 Million And Orders Restitution Of $371,000 For Excessive Markups And Markdowns

    Date 10/11/2011

    The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Morgan Stanley & Co. Inc. and Morgan Stanley Smith Barney LLC $1 million and ordered $371,000 in restitution and interest to customers for excessive markups and markdowns charged to customers on corporate and municipal bond transactions, and related supervision violations.

  • Three Former Directors At Military Body Armor Supplier Settle SEC Charges

    Date 10/11/2011

    The Securities and Exchange Commission today announced that three former directors have agreed to more than $1.6 million in monetary sanctions to settle charges that they were involved in an accounting fraud at a major supplier of body armor to the U.S. military and law enforcement agencies.

  • Swedish Financial Supervisory Authority,- Finansinspektionen - Issues A Remark To Lannebo And Marginalen Kredit

    Date 10/11/2011

    Finansinspektionen is issuing remarks and administrative fines to Lannebo Fonder AB and Kredit AB Marginalen for deficiencies in their operations.

  • Transcript Of A Press Conference With Christine Lagarde

    Date 10/11/2011

    MR. RICE: Good afternoon, everyone, welcome to this IMF Press Conference and thank you for coming. It's my pleasure to introduce you today to the Managing Director of the IMF, Madam Christine Lagarde. We also have with us today the Director of the Asia Pacific Department, Mr. Anoop Singh and our Resident Representative here in Beijing, Mr. Il Houng Lee. We'll get underway immediately with some remarks from Madam Lagarde, but could I say in advance that we will try to take as many questions as possible, but that means keeping the questions short and I would ask that when you do give your question, please identify yourself by name and affiliation. Madam Lagarde?