securities market offences can no longer be settled out-of-court - Economic Times
25 May 2012, 6:20 pm
MUMBAI: securities market offences such as insider trading, front-running, failure to make an open offer to shareholders of a public listed firm, and manipulation of the net asset value (NAV) of mutual funds can no longer be settled out-of-court ...

Notice of Filing securities Class Action Against Orrstown Financial Services, Inc., Orrstown Bank, and Certain of Their Officers and Directors - Marketwatch
25 May 2012, 12:22 pm
HAVERFORD, Pa., May 25, 2012 /PRNewswire via COMTEX/ -- Chimicles & Tikellis LLP today announced that a securities class action lawsuit has been commenced in the United States District Court for the Middle District of Pennsylvania on behalf of ...

Minera IRL Filing of Preliminary Shelf Base Prospectus in Accordance with Canadian securities Regulatory Authorities - Market Wire
25 May 2012, 11:46 am
Minera IRL Limited ("Minera IRL" or the "Company"), (TSX:IRL)(AIM:MIRL)(BVLAC:MIRL) the Latin America gold mining company, announces that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in ...

Citadel securities puts Facebook loss at $30M - Chicago Tribune
25 May 2012, 5:56 am
Citadel securities' market-making business lost around $30 million on Facebook Inc.'s botched initial public offering on Nasdaq OMX Group Inc's U.S. stock exchange, a source with knowledge of the situation said on Thursday. The losses at Citadel ...

DTCC Plans Study on Faster Settlement for U.S. securities - Bloomberg
22 May 2012, 1:02 pm
The Depository Trust & Clearing Corp. is commissioning a study on whether the U.S. securities industry should cut the time it takes to process transactions, a shift that may reduce risk and compel brokers and asset managers to spend more on ...

FDIC sues big banks over mortgage securities - msnbc.com
21 May 2012, 5:49 pm
WASHINGTON — The government has sued several big banks over toxic mortgage securities they issued that were bought by two small Illinois banks which failed in May 2009. The Federal Deposit Insurance Corp., which seized the two banks when they ...

Gundlach Bullish On Mortgage Non-Agency securities - Seekingalpha.com
21 May 2012, 11:30 am
King of Bonds, Jeffrey Gundlach spent time with Bloomberg's Tom Keene this week to discuss his view of the markets and the best place for investor's capital. With over $30 billion of assets under management Gundlach's Doubleline Capital is focused on ...

SunGard Launches New Solution to Help Automate Japanese securities Lending - YAHOO!
17 May 2012, 5:58 am
SunGard has extended its suite of securities finance solutions with the launch of Apex JSFC Trade Manager, which helps reduce the costs and increase the productivity of lenders participating in the Japan securities Finance Corporation’s (JSFC) daily ...

China Expands Scope for Short Selling, securities Journal Says - Bloomberg
16 May 2012, 10:27 pm
China will start a trial next week that will allow brokerages to borrow stocks for clients wishing to conduct short selling, the China securities Journal reported. Brokerages can also borrow money on behalf of clients for margin financing, the ...

E*Trade Settles Auction Rate securities Case But The Product Keeps On Giving Grief - Forbes
16 May 2012, 10:46 am
US Airways Lands $15 Million FINRA Auction Rate securities Award Bill Singer Contributor The Ghost of Bear Stearns Raised in $59 Million FINRA ARS Arbitration Against JP Morgan Bill Singer Contributor Respondents E*Trade securities LLC and ...