The Securities and Exchange Commission (today) announced charges against J.P. Morgan Securities LLC (JPMS), a broker-dealer subsidiary of JPMorgan Chase & Co., for widespread and longstanding...
The Commonwealth Bank does not currently have advice files for more than one in 10 of the cases registered for its compensation scheme for victims of dodgy financial advice. A CBA update on Tuesday...
Firms have lost "whole box loads of paperwork" recording pension contributions and entitlements, meaning thousands could be deprived of their retirement income. Hundreds of thousands of people may...
New World Holdings destroyed business records and failed to diligently supervise employees CFTC fine: Chicago based introducing broker New World Holdings (NWH) has been imposed a fine by the US...
Regulator says bank has failed to preserve order data, trade confirmations, account records and other information. Barclays plc has been fined £2.28m by a US regulator over its alleged decade-long...
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it has fined five affiliates of ING $1.2 million for failing to retain or review millions of emails for periods...
Inadequate records of civil service pension payments are "unacceptable", the government has said after a spending watchdog raised concerns. The National Audit Office qualified the accounts of the...
AUSTRALIA'S biggest stockbroking firm, Macquarie Equities, has been forced by the corporate regulator to have an independent investigator oversee its operations after the broker was found to have...
One year on from the introduction of a new licensing regime New Zealand's top level financial advisers are still struggling to document how they make investment decisions and recommendations to the...
Bank of America’s foreclosure processes have been a wreck during the mortgage crisis — the bank has foreclosed on homes that no longer exist, used fraudulent procedures to speed through documents,...
Barclays had no idea how big Lehman Brothers Holdings Inc's futures-and-options trading business was when it considered taking over the defunct bank's derivatives trades at exchanges in 2008, a...
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