Commodity Futures

15 Aug

SEC Says It Fined 26 Firms in Latest WhatsApp Probe Fallout

stp2y0 CommentsRAG modelsAMERIPRISE FINANCIAL INC, BANK OF NEW YORK MELLON CORP, Commodity Futures, industries, LPL FINANCIAL HOLDINGS INC, RAYMOND JAMES FINANCIAL INC, regulation, ROYAL BANK OF CANADA, Technology, TORONTO-DOMINION BANK, TRUIST FINANCIAL CORP, US Securities and Exchange Commission

Twenty-six financial firms agreed to pay about $393 million in total fines after the US Securities and Exchange Commission said they failed to keep their employees’ electronic communications, the latest fallout from the regulator’s so-called WhatsApp investigations.The SEC said that Ameriprise Financial Inc., Edward D. Jones & Co., LPL Financial Holdings Inc., Raymond James Financial Inc. will pay $50 million each to settle cases with the agency. A Royal Bank of Canada unit will pay $45 million, while parts of Toronto-Dominion Bank, Truist Financial Corp. and Bank of New York Mellon Corp. were also among those agreeing to penalties, the…

13 Aug

Mercuria Adds Former IXM Lead and Zinc Chief in Metals Hiring Spree

stp2y0 CommentsRAG modelsCommodity Futures, Futures Markets, Generic 1st 'HG' Future, Markets, science, Technology

Mercuria Energy Group Ltd. is hiring the former head of lead and zinc at rival trader IXM SA, the latest senior addition in a major push into metals in recent months.Xavier-Alexandre Ortiz will join Mercuria in the same role once his gardening leave ends in the next few months, according to people familiar with the matter. He worked at IXM for almost 14 years before leaving the company in June. Source link lol