POST Online Media Lite Edition



 

Crime : Page 67

Sunoco to pay $450,000 for spoofing in crude oil, gasoline, and heating oil futures contracts

October 1, 2020
The Commodity Futures Trading Commission issued an order filing and settling charges against Sunoco LP, a master limited partnership organized in Delaware and headquartered in Dallas, Texas, for spoofing bidding or offering with the intent to cancel the bid or offer before execution.

Morgan Stanley agrees to pay $5 million for Reg SHO violations in prime brokerage swaps business

October 1, 2020
The Securities and Exchange Commission announced settled charges against Morgan Stanley for violations of Regulation SHO, the regulatory framework governing short sales.

Attorney General James helps secure $39.5 million after Anthem’s 2014 data breach

October 1, 2020
New York Attorney General Letitia James announced a multistate settlement with health insurance company Anthem, Inc. that resolves a massive 2014 data breach that compromised the personal information of 78.8 million customers nationwide, including more than 4.6 million customers in New York state alone.

Commission fines car parts suppliers of € 18 million in cartel settlement

September 30, 2020
The European Commission has fined Brose and Kiekert a total of € 18 million for taking part in two cartels concerning supplies of closure systems for cars in the European Economic Area (EEA).

Australian regulator files suit against Allianz Australia over travel insurance sales

September 30, 2020
ASIC commences proceedings against Allianz Australia Insurance and AWP Australia for alleged misleading sale of travel insurance on Expedia websites.

JPMorgan Chase to pay more than $920m to settle futures and securities irregularities

September 30, 2020
JPMorgan Chase has agreed to pay more than $920 million and admitted to wrongdoing to settle federal U.S. market manipulation probes into its trading of metals futures and Treasury securities, the U.S. authorities said on Tuesday.

Dutch competition watchdog fines four tobacco companies 82 million euros

September 29, 2020
The Netherlands Authority for Consumers and Markets (ACM) has imposed fines on four major cigarette manufacturers, totaling over 82 million euros.

Fiat Chrysler agrees to pay $9.5 million penalty for disclosure violations

September 29, 2020
The Securities and Exchange Commission announced that Fiat Chrysler Automobiles N.V. agreed to settle charges that it made misleading disclosures about an internal audit of its emissions control systems.

CFTC orders three Citibank affiliates to pay $4.5 million for supervision failures

September 29, 2020
The Commodity Futures Trading Commission has issued an order filing and simultaneously settling charges against Citibank N.A. and Citigroup Energy Inc., both provisionally registered swap dealers, and Citigroup Global Markets, Inc., a provisionally registered swap dealer and a registered futures commission merchant (collectively, Citi entities), for failing to diligently supervise their audio preservation system.

Co-owner of burnt Kemerovo mall goes on trial on bribery charges

September 28, 2020
A bribery case against a co-owner of Zimnyaya Vishnya (Winter Cherry) shopping mall that became a site of deadly fire killing 60 people in Russia\'s Kemerovo in March 2018 with an approved indictment has been sent to the Kemerovo Central District Court for consideration, the press service of the Prosecutor General’s Office reports.

SEC charges Arrayit Corporation CSO for misleading claims concerning coronavirus test, financials

September 28, 2020
The Securities and Exchange Commission charged Mark Schena, the President and Chief Science Officer of Arrayit Corporation, for making allegedly false and misleading statements concerning Arrayit\'s development of a coronavirus blood test and its intention to resolve its delinquency in filing required periodic reports with the SEC.

CADE convicts cartel in Brazil's market of PVC products to pay fine of $3,45m

September 28, 2020
The Administrative Council for Economic Defence (CADE) convicted five companies and two individuals for a cartel in the national market of ceilings, room divider, folding doors and other products made of PVC.
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