Similar Stories to Sec Fines 13 Firms Over Sales Of Puerto Rico Bonds on Bing News

Business Heds Index, Seattle Post-Intelligencer: Business
Mon, 11/03/2014 - 2:30pm

WASHINGTON (AP) — Federal regulators have fined 13 brokerage firms, including Charles Schwab, JPMorgan Securities and TD Ameritrade, accusing them of failing to protect retail investors in sales of high-risk bonds issued by Puerto Rico's debt-strapped government. Retail investors usually buy securities in smaller amounts, so the rule is designed to ensure that high-risk "junk" bonds are sold only to investors who can purchase bigger quantities and shoulder greater risk.

Topics: washington ap federal charles schwab jpmorgan securities td ameritrade puerto rico retail firms sales bonds investors high-risk

Place your ad here
Loading...

BING NEWS:

Leftist candidate gains momentum in Puerto Rico governorship race
A leftist candidate for Puerto Rico's governorship has gained momentum and closed in on the front-runner, but analysts say his election would not have a dramatic impact on the future of the island's ...
10/29/2024 - 4:28 am | View Link
Lawyer Vowing to Scrap Perks to the Rich Upends Puerto Rico Vote
Long-shot, third-party candidate Juan Dalmau has surged to a virtual tie in Puerto Rico’s governor race, propelled by his pledge to end tax breaks for wealthy newcomers to the island.Most Read from ...
10/28/2024 - 9:36 pm | View Link
SEC: No deadline extension for delinquent firms
“We just want people to have a compliance culture,” he added. Launched on Sept. 2, the ECIP lets corporations settle fines and penalties for the late or nonfiling of their annual financial statements ...
09/29/2024 - 1:10 pm | View Link
SEC fines six major credit rating agencies over failure to keep electronic records
Moody's Investor Services and S&P Global Ratings agreed to pay the heftiest fines, a $20 million civil ... respectively. The firms admitted to the facts in the SEC orders, which said they violated ...
09/3/2024 - 1:24 pm | View Link
More

More Movie News

More Business News

Tropical Storm Rafael intensifies in the Carribean as Cuba braces for another hurricane
Fast Company, Tuesday - 11/05/2024 - 07:30 PM
Rafael was expected to continue to pass by Jamaica through Tuesday afternoon, be near or over the Cayman Islands on Tuesday night, and make landfall in Cuba on Wednesday. Tropical Storm Rafael was chugging past western Jamaica on Tuesday and was expected to strengthen into a hurricane as it headed toward Cuba.
More | Talk | Read It Later | Share
DJT stock goes on a wild roller coaster ride as investors await election results
Fast Company, Tuesday - 11/05/2024 - 07:30 PM
Shares in Trump Media’s DJT stock fluctuated wildly as investors placed bets on whether Donald Trump would win the 2024 presidential election. Results of the 2024 election will begin coming in this evening, though it’s unlikely we’ll know whether Donald Trump or Kamala Harris won on Election Night. But shares of Donald Trump’s Truth Social parent company Trump Media (Nasdaq: DJT) yo-yoed Tuesday as investors awaited the results of the 2024 presidential election.
More | Talk | Read It Later | Share
‘I Voted’ stickers are an Election Day favorite. Here’s how they’ve evolved
Fast Company, Tuesday - 11/05/2024 - 07:00 PM
Not all of the new stickers are designed by children. Whether scenic or slightly sinister—angry werewolf, anyone?—the designs on the front of “I Voted” stickers are attracting a lot of attention this year. But have you ever considered the back of your Election Day souvenir?
More | Talk | Read It Later | Share
Massachusetts could raise minimum wage for tipped workers. Here’s what to know
Fast Company, Tuesday - 11/05/2024 - 06:30 PM
If Massachusetts voters approve a ballot initiative, the state will gradually raise minimum wage for tipped workers until it matches the state minimum wage—or from $6.75 to $15 per hour by 2029. The federal minimum wage for tipped workers has stood at US$2.13 an hour since 1991. Back then, it amounted to half the $4.25 regular minimum wage.
More | Talk | Read It Later | Share
Roll up your sleeves. NBC’s updated ‘Big Board’ just made election results a whole lot easier to understand
Fast Company, Tuesday - 11/05/2024 - 06:12 PM
Steve Kornacki’s election night data viz tool just got more nimble. Election night is like the Super Bowl for political reporters, but also for data visualizations—the charts, maps, and graphics that track the road to 270 electoral votes and contextualize how counties, congressional districts, and states have historically voted.
More | Talk | Read It Later | Share
Bernie Marcus dies: Home Depot co-founder, billionaire philanthropist was 95
Denver Post, Tuesday - 11/05/2024 - 12:55 PM
Bernard “Bernie” Marcus, the co-founder of The Home Depot, the world’s largest home improvement chain, a billionaire philanthropist, and a big Republican donor, has died. He was 95. Marcus died Monday in Boca Raton, Florida, surrounded by family, according to a Home Depot spokesperson. Marcus was Home Depot’s CEO as it grew rapidly during its first two decades, and was chairman of the board until his retirement in 2002.
More | Talk | Read It Later | Share

Similar Stories to Sec Fines 13 Firms Over Sales Of Puerto Rico Bonds on Bing News

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News