FCA News

Locking down market abuse

Speaker: Mark Steward, Executive Director of Enforcement and Market OversightEvent: Expert Forum: Market Abuse 2021Delivered: 25 February 2021Note: this is the speech as drafted and may differ from the delivered version Highlights Surveillance and investigation work has reduced trading by certain actors whose trading prompted high numbers of suspicious transaction and order reports. Increase in the FCA’s proactive market […]

SEC News

SEC Charges AT&T and Three Executives with Selectively Providing Information to Wall Street Analysts

The Securities and Exchange Commission today charged AT&T, Inc. with repeatedly violating Regulation FD, and three of its Investor Relations executives with aiding and abetting AT&T’s violations, by selectively disclosing material nonpublic information to research analysts. According to the SEC’s complaint, AT&T learned in March 2016 that a steeper-than-expected decline in its first quarter smartphone […]