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FINRA Files Complaint Charging Lawson Financial Corporation, CEO With Fraudulent Municipal Bond Sales, And Charging CEO With Misuse Of Customer’s Charitable Trust Funds - Bonds Related To Charter School In Arizona And Two Assisted Living Facilities In Alabama
Date 19/05/2016
The Financial Industry Regulatory Authority (FINRA) announced today that it has filed a complaint against Phoenix-based firm, Lawson Financial Corporation, Inc. (LFC), and Robert Lawson, the firm’s President and Chief Executive Officer, charging them with securities fraud in connection with the sale of millions of dollars of municipal revenue bonds to customers. The complaint further charges Robert Lawson and Pamela Lawson, LFC’s Chief Operating Officer, with self-dealing by abusing their positions as co-trustees of a charitable remainder trust and improperly using the trust funds to indirectly prop up the struggling offerings. Based on the transfers of millions of dollars from the charitable remainder trust account, the complaint also charges Robert Lawson with misuse of customer funds.
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Intercontinental Exchange Recognized For Data Excellence At Inside Market Data’s 2016 Awards
Date 19/05/2016
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced it received three awards in the 2016 Inside Market Data Awards. The honors were announced at the Awards Dinner in New York last night, hosted by Inside Market Data and Inside Reference Data, which are part of Incisive Media.
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SEC Announces Insider Trading Charges In Case Involving Sports Gambler And Board Member - Pro Golfer Agrees To Repay Trading Profits
Date 19/05/2016
The Securities and Exchange Commission today announced insider trading charges against a professional sports gambler who allegedly made $40 million based on illegal stock tips from a corporate insider who owed him money.
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Qatar Stock Exchange Organizes Working Dinner For Brokerage Firms
Date 19/05/2016
Qatar Stock Exchange (QSE) yesterday organized a working dinner for brokerage firms'''' managers and representatives. During the dinner, the attendees exchanged views on market developments, the challenges facing the brokerage firms and the means to reduce their costs, as well as the methods to develop the market and brokerage business through expansion of investors-oriented services, such as liquidity provision, margin trading, research activities and market sponsored access.
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OTC Markets Group's OTC Compliance Data File Wins at 2016 Inside Market Data/Inside Reference Data Awards
Date 19/05/2016
OTC Markets Group Inc. (OTCQX: OTCM), operator of the OTCQX®, OTCQB® and Pink® markets for 10,000 U.S. and global securities, today announced it has received the award for "Best Real-time Market Data Initiative (vendor)" in the 2016 Inside Market Data/Inside Reference DataAwards.
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ICE Announces Development Of New Funds Rate Futures Contract And Product Advisory Committee
Date 19/05/2016
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced an innovative interest rate contract that will facilitate term financing arrangements, such as repos. Consummated transactions in ICE's Funds Rate contract will offer real-time transparency into the interest rate funding markets in a variety of currencies.
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SimCorp Dimension Wins FTF News 2016 Technology Innovation Awards For ‘Best IBOR Solution’ And ‘Best Buy-Side Operations Solution’
Date 19/05/2016
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that it has won the 2016 Technology Innovation Awards from FTF News in the categories of ‘Best IBOR Solution’ and ‘Best Buy-Side Operations Solution.’ This is the second year running that SimCorp has won in the IBOR (investment book of record) category.
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Federal Reserve Vice Chairman Stanley Fischer, At "A Conference In Honor Of Michael Woodford’s Contributions To Economics" Cosponsored By The Federal Reserve Bank Of New York, Columbia University Program For Economic Research, And Columbia University Department Of Economics, New York, New York, May 19, 2016, (Money), Interest And Prices: Patinkin And Woodford
Date 19/05/2016
It is an honor for me to speak at the opening of this conference in honor of Michael Woodford, whose contributions to the theory of economic policy are frequently a central part of the economic analysis that takes place in the policy discussions at the Federal Reserve.
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Monetary Authority Of Singapore Makes It Easier For Retail Investors To Buy Corporate Bonds
Date 19/05/2016
The Monetary Authority of Singapore (MAS) today introduced two new regulations to facilitate corporate bond offerings to retail investors.
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CBOE’s Thomas Knorring Inducted Into Inside Market Data Hall Of Fame
Date 19/05/2016
The Chicago Board Options Exchange® (CBOE®) announced today that Thomas Knorring, CBOE Vice President, Business Development, has been inducted into the Inside Market Data Hall of Fame. Knorring was honored during an award ceremony in New York City on May 18, 2016.
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