Harvest Volatility, SEC and Merrill
Merrill Lynch and Harvest Volatility paying $9.3 million in fines for derivatives trades
The U.S. Securities and Exchange Commission said Wednesday that Bank of America Corp.’s Merrill Lynch unit and derivatives specialist Harvest Volatility Management LLC agreed to pay a combined $9.3 million in penalties for allegedly exceeding clients’ designated investment limits on options trades.
Merrill Lynch, Harvest Volatility Management to pay $9.3 million to settle SEC charges
The U.S. Securities and Exchange Commission said Wednesday Harvest Volatility Management LLC and Merrill Lynch, Pierce, Fenner & Smith Inc. have agreed to pay a combined $9.3 million in penalties to resolve SEC charges.
Merill Lynch, Harvest Volatility Management To Pay $9.3 Mln To SEC Over Investor Risk Violations
The Securities and Exchange Commission, Wednesday announced charges against Harvest Volatility Management LLC and Merrill Lynch,
Merrill Lynch, Harvest Volatility agree to pay $9.3M to resolve SEC charges
Merrill Lynch, Pierce, Fenner & Smith Inc., part of Bank of America (NYSE:BAC), and Harvest Volatility Management LLC have agreed to pay a combined $9.3M to settle the U.S. Securities and Exchange Commission's claims that the firms exceeded clients' designated investment limits over a two-year period beginning in March 2016,
Merrill Lynch and Manager of Options Strategy Hit With $9.3 Million in Penalties
Merrill Lynch says it stopped steering clients toward Harvest Volatility Management’s options trading strategy and now urges investors to “unwind their positions” with the apparently defunct firm.
SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits
They will pay a combined $9.3 million after the Securities and Exchange Commission charged them for exceeding clients' investment limits over a two-year period.
Gary Gensler, SEC
Republican Lawmakers Demand Intel from SEC, FBI on Temu’s U.S. Data Privacy Practices
Rep. Darin LaHood (R-IL) and members of a House intelligence committee are asking for more info on the ultra-low-priced ...
Securities Enforcement
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Skael Co-Founder Faces U.S. Fraud Charges
Co-founder of now-defunct business-automation startup raised $30 million in funding by claiming its revenue was far higher ...
JD Supra1h
Recent Developments Could Facilitate Greater Bank and Broker-Dealer Involvement in Cryptoasset Services
On September 9, 2024, the Chief Accountant of the U.S. Securities and Exchange Commission (SEC), Paul Munter, delivered remarks ...
Hoodline20h
Startling $30M Fraud Scheme: SEC Charges San Francisco Tech CEO Baba Nadimpalli with Fabricating Revenue and Customer Data
Former SKAEL CEO Baba Nadimpalli is charged by the SEC with a $30 million fraud, accused of inflating revenue and fabricating ...
Crypto Mining 'Boxes' Are Securities, Court Says in SEC Case
Green United LLC failed to persuade a federal court to toss an SEC civil fraud suit against it on grounds that its ...
The Business Journals14d
U.S. Securities and Exchange Commission Latest News
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Bartlesville Examiner-Enterprise on MSN1d
SEC charges Bartlesville crypto CEO Anthem Blanchard with $5M securities fraud
The U.S. Securities and Exchange Commission (SEC) filed charges against Anthem Hayek Blanchard, CEO of Anthem Holdings Co., ...
Franchise Times1h
Investors Allege Domino’s Committed Securities Fraud
Investors are suing Domino’s Pizza for alleged securities fraud, claiming the company knowingly misled investors in its ...
France's Orange to exit New York Stock Exchange
(Reuters) -French telecom operator Orange intends to delist its shares from the New York Stock Exchange (NYSE), it said on ...
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'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise
U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee's ranking Democrat, suggested in a Securities and ...