U.S. securities regulators on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through the companies’ Gemini Read more
Tag: Regulatory Breach
Casino regulator hits Australia’s Star with A$100 million fine, suspends license
SYDNEY — The casino regulator in New South Wales state has hit Star Entertainment Group Ltd. SGR, +0.39% with a fine of 100 million Australian dollars (US$62 million) and suspended Read more
Deloitte China to pay $20 million SEC penalty for audit failures ‘at the most basic level’
The Securities and Exchange Commission announced Thursday that Big-Four accounting firm Deloitte’s China affiliate had agreed to pay $20 million to settle charges that it has asked clients to select Read more
Bank of Ireland Fined EUR100.5 Mln for Mortgage Account Failures
By Kyle Morris Bank of Ireland has been fined 100.5 million euros ($97.8 million) by the Central Bank of Ireland for regulatory breaches relating to mortgages for accounts impacted between Read more
Labor board proposes joint-employer standard to replace Trump-era rules
When a McDonald’s worker has a beef with their boss, complaining to McDonald’s Corp. won’t help. When an employee at Google has a problem, they likely can’t seek out a Read more
PricewaterhouseCoopers Handed GBP1.8 Mln Fine Over BT Accounts Audit
By Michael Susin The U.K.’s Financial Reporting Council regulator said Monday that it has handed PricewaterhouseCoopers a fine over its accounting audit of BT Group PLC in fiscal 2017. The Read more
Uber, DOJ settle suit over wait fees to riders with disabilities
Uber Technologies Inc. has reached a multimillion-dollar settlement on federal charges that the company discriminated against riders with disabilities by charging them wait-time fees for the extra time it took Read more
Fed’s Powell and his former No.2 Clarida are cleared in an internal trading-scandal probe
The Federal Reserve’s inspector general said there was no evidence to substantiate allegations that Fed Chairman Jerome Powell or former Fed Vice Chairman Richard Clarida violated any laws or regulations Read more