Tag: Exchange Commission
The US Securities and Exchange Commission is examining Kimbal Musk’s stock sales
Elon Musk The Tesla founder is as popular as he is controversial. (Photo: imago images/Future Image) new York Elon Musk is once again targeted by the US Securities and Exchange…
Allianz fires two fund managers after hedge fund dispute
alliance High provisions for settlements with investors. (Photo: dpa) Munich Alliaz has fired two fund managers behind its collapsed US structured alpha hedge funds. This emerges from regulatory documents and…
How gamblers play with the Dax
Dusseldorf Extreme price fluctuations, such as those recently experienced by the food delivery service Delivery Hero, whose shares are down around 37 percent on a monthly basis, are not uncommon…
3.7 billion euros for settlements with US investors
alliance The provisions have burdened the net profit of 2.8 billion euros for the past year. (Photo: dpa) Munich The losses of US investors with hedge funds from its subsidiary…
Financial supervisors identify deficiencies at Grenke and tighten capital requirements
Grenke headquarters The company said it had now launched an extensive project to further develop the organization. (Photo: dpa) Frankfurt The financial regulator Bafin has tightened the capital requirements at…
Financial Stability Board warns against cryptocurrencies
Bitcoin sign in El Salvador Bitcoin is approved as an official means of payment in the Latin American country. (Photo: Reuters) Frankfurt The Basel Financial Stability Board (FSB), an international…
Abuse of office by the Bafin in the Wirecard case unproven
BaFin The investors demanded from the Bafin compensation between 3000 and 60,000 euros. (Photo: dpa) Frankfurt In the Wirecard case, the Frankfurt Regional Court considers the allegation of abuse of…
How BaFin wants to track down systematic misconduct
Berlin A few months ago, the financial regulator Bafin tried out an instrument that was new to her: With the anonymous test purchases (mystery shopping) made possible by the legislator,…
The new boss Mark Branson is turning financial supervision upside down.
Mark Branson The new Bafin President is a qualified mathematician and acts in a sober and fact-driven manner. “Sometimes he reminds you of Angela Merkel,” says a Bafin insider. (Photo:…
Labor Court dismisses lawsuit against DWS
DWS The point at which Fixler joined the fund company was disputed. (Photo: Reuters) Frankfurt The labor court in Frankfurt has dismissed the lawsuit brought by the former head of…
The Bafin is rightly slowing down real estate loans
Construction cranes in downtown Frankfurt In the future, banks will have to set aside more equity for mortgage lending. That criticizes the financial industry. (Photo: dpa) Frankfurt A targeted stab…