• Tue
  • Sep 2, 2014
  • Updated: 11:12am

United States Securities and Exchange Commission

Reforms in tax havens aid sleuths

As opaque networks of secretive companies linking offshore havens with Hong Kong are forced to become more transparent, it will be easier to track down assets hidden in jurisdictions such as the British Virgin Islands (BVI), says William McGovern, a former official with US regulator, the Securities and Exchange Commission.

Friday, 3 May, 2013, 4:22am

Secret bosses' business

Former fashion jewellery saleswoman Rebecca Gonzales and former chief executive Ron Johnson have one thing in common: JC Penney no longer employs either.

2 May 2013 - 3:47am

Trader sorry for profiting from insider dealing tips

Bryan Shaw, a trader who said he received insider tips from fired KPMG partner Scott London, issued an apology, saying he has been co-operating with the US Department of Justice and the Securities and Exchange Commission.

12 Apr 2013 - 5:43am

Insider-trading case postponed in the US

A multimillion-dollar insider-trading case against a Hong Kong couple with links to Bank of East Asia chairman and executive councillor David Li Kwok-po has been postponed by the United States Securities and Exchange Commission.

20 Jan 2008 - 12:00am

BEA chief denies Dow Jones insider dealing claim

Bank of East Asia chairman and executive councillor David Li Kwok-po vowed yesterday to defend himself vigorously against any legal action by United States regulators over insider dealing allegations.

20 Jul 2007 - 12:00am

US regulators set example on concerns over curbs in release of price-sensitive information

THE STOCK EXCHANGE last week released a guide for listed companies on disclosure of price-sensitive information. Little fanfare accompanied the release, yet the appearance of this slim booklet says much about the confusion and recalcitrance that have marked Hong Kong's record on this subject.

15 Jan 2002 - 12:00am

GEM in rule change

Growth Enterprise Market listing rules covering final disclosure provisions and general disclosure obligations have been amended. An issuer must disclose significant commitment in non-core business if it has not been disclosed previously. A change in an issuer's financial condition which is likely to lead to substantial movement in the price of the listed securities must also be disclosed.

14 Sep 2001 - 12:00am

Fears over expanded SFC role prompt further bill changes

The Government will further amend the controversial Securities and Futures Bill to curb the expanded power of the securities watchdog under the proposed legislation, according to a government source.

The changes are aimed at easing worries by legislators that the bill would give the SFC too much power, the source said.

1 Jun 2001 - 12:00am