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Readington man charged in $38 million Ponzi-like scheme by SEC - Vimarsana News

Readington man charged in $38 million Ponzi-like scheme by SEC

READINGTON TWP. - The Securities and Exchange Commission (SEC) on Wednesday, July 19, charged six individuals - including Christopher J. Anderson of Readington Township - with a multi-million dollar Ponzi-like

SEC Charges Fixed Income Clearing Corp. With Having Inadequate Risk Management Policies - Vimarsana News

SEC Charges Fixed Income Clearing Corp. With Having Inadequate Risk Management Policies

<p><span>The Securities and Exchange Commission today announced that Fixed Income Clearing Corporation (FICC), a clearing agency, has agreed to pay an $8 million penalty to settle SEC charges that it failed to have adequate risk management policies within its Government Securities Division.&nbsp; &nbsp;</span></p>