SEC

Companies | 31 Jan 17

Legal & General Investment Management has created a new head of personal investing for its UK direct business, while Brewin Dolphin’s chief operating officer is to depart. The exodus continues from the US Securities and Exchange Commission.

North America | 30 Jan 17

The US Securities and Exchange Commission (SEC) has charged two New Yorkers with raising more than $81m (£64.5m, €75.7m) through a Ponzi scheme that promised high returns by buying and selling tickets to see high-demand shows, such as Broadway musical Hamilton.

North America | 27 Jan 17

Citigroup Global Markets has agreed to pay $18.3m (£14.5m, €17.1m) to settle charges in the US that it overcharged around 60,000 clients £18m for advice and misplaced contracts over a 15-year period.

North America | 26 Jan 17

The US Securities and Exchange Commission has charged an adviser with placing trades through a master brokerage account and allocating profitable trades to himself while passing unprofitable trades on to client.

People Moves | 20 Jan 17

Fidelity International has named a country head of China, while Standard Chartered in Hong Kong has made a raft of senior appointments following the resignation announcement of the bank’s chief executive. The US Securities and Exchange Commission has confirmed more departures ahead of the presidential inauguration.