Martin Chantree, a senior currency dealer at Lloyds Banking Group Plc, shared details of a pending bank order with a trader at BP Plc to the potential detriment of the bank, according to four people with knowledge of the matter.
The U.S. Securities and Exchange Commission is poised to name a former executive of Wall Street’s self-regulator as its top overseer of exchanges, brokerages and clearing firms, according to three people familiar with the matter.
The U.S. Securities and Exchange Commission unanimously proposed boosting by 10 times the amount of money companies can raise under a simplified public offering, the agency’s latest step to ease fundraising by smaller firms.
Former SAC Capital Advisors LP junior portfolio managers Noah Freeman and Donald Longueuil were charged with insider trading while working at the $12 billion hedge fund, the latest round of charges in a nationwide crackdown by federal prosecutors.
Congress should bring greater transparency to equity markets by investigating the roles of high-frequency traders and broker-run trading venues known as dark pools, a group of state securities regulators said today.
North American Securities Administrators Association Photos