The Securities and Exchange Commission has approved JPMorgan Chase & Co’s controversial plan to launch an exchange-traded fund physically backed by copper, it said on Monday.
Source: Fox Business Headlines
Tag Archives: SEC
U.S. SEC approves JPMorgan's plan for copper ETF
The Securities and Exchange Commission has approved JPMorgan Chase & Co’s controversial plan to launch an exchange-traded fund physically backed by copper, it said on Monday.
Source: Fox Business Headlines
SEC has examined Bank of America mortgage repurchases
Securities regulators have made inquiries into the mortgage repurchase practices at Bank of America Corp’s Countrywide unit, according to a transcript filed in a lawsuit against the bank by insurer MBIA Inc.
Source: Fox Business Headlines
Sprint offers $2.1 billion for remaining shares of Clearwire
Sprint Nextel has offered $2.1 billion, or $2.90 a share, for the nearly one-half interest in mobile broadband firm Clearwire that the company doesn’t already own.
Sprint, in a filing with the U.S. Securities and Exchange Commission this week, confirmed news reports that it was planning to buy the remaining 49.6 percent stake in Clearwire. Sprint has disclosed its plans to SoftBank, a Japanese mobile carrier planning to invest in Sprint, according to the filing.
Clearwire has planned to launch an LTE network in 2013 in five U.S. cities, but it has billions of dollars in long-term debt. The company has large spectrum holdings in many major U.S. markets.
Sprint declined to comment on the SEC filing.To read this article in full or to leave a comment, please click here
Source: PCWorld
SEC charges Wells Fargo banker, nine others in insider-trading case
U.S. securities regulators on Wednesday charged a Wells Fargo investment banker and nine others for their alleged role in an insider-trading ring that earned more than $11 million by trading on tips about impending mergers.
Source: Fox Business Headlines
SEC charges Wells Fargo banker, nine others with insider-trading
U.S. securities regulators on Wednesday charged a Wells Fargo investment banker and nine others for their alleged role in an insider-trading ring that earned more than $11 million by trading on tips about impending mergers.
Source: Fox Business Headlines