Tag: Litigation
Libya fund ‘fraudsters’ mis-using structured products get 11 years jail sentence
International | Regulations & Legal
27 Feb 2023 by SRP News
The ex-bankers used ‘secret commission’ payments on structured products to steal from the Libya sovereign wealth fund.
Shareholders seek damages for Barclays structured note over-issuance
North America | Regulations & Legal
26 Sep 2022 by SRP News
Miami Beach police and firefighter retirement groups have filed a class action in the US over a US$17.6 billion structured notes sale.
SEC charges S&P DJI over VIX failures
North America | Regulations & Legal
18 May 2021 by Lavanya Nair
The US watchdog has fined the index provider for failing to disclose ‘critical features’ of the volatility index.
SEC settles with US hedge fund SBB’s auditor
North America | Regulations & Legal
13 Mar 2020 by Pablo Conde
Good news for SBB Research Group: the auditor of the Chicago-area hedge fund adviser charged by the US Securities and Exchange Commission (SEC) with a material misstatement associated with SBB's valuation of the structured notes included in its funds has settled with the regulator over improper conduct.
US regulator charges hedge fund using ‘almost exclusively’ structured notes
North America | Regulations & Legal
07 Nov 2019 by SRP News
The Securities and Exchange Commission (SEC) has charged with fraud a hedge fund adviser and top executives at the firm.
