The Securities and Exchange Commission has charged Merrill Lynch, Pierce, Fenner & Smith with misleading customers about how it handled their orders. Merrill Lynch agreed to settle the charges, admit wrongdoing, and pay a $42 million penalty. According to the…

Patent highlights 228-year history and strength of American intellectual property system WASHINGTON - The United States Patent and Trademark Office (USPTO) today issued U.S. patent number 10 million. More than just a number, patent 10 million celebrates the rich history…

Washington, DC – The Commodity Futures Trading Commission (CFTC or Commission) has issued an Order filing and settling charges against JPMorgan Chase Bank, N.A. (JPMC) for attempted manipulation of the ISDAFIX benchmark and requiring JPMC to pay a $65 million…

The BHP Board has approved US$2.9 billion (BHP share; US$3.4 billion 100 per cent)1 in capital expenditure for the South Flank project in the central Pilbara, Western Australia. BHP President Operations, Minerals Australia, Mike Henry, said the South Flank project…

Agency required divestiture as condition of Red Ventures’ acquisition of Bankrate The Federal Trade Commission has approved an application by Red Ventures to divest Caring.com, a subsidiary of Bankrate, to Caring Holdings, LLC, a newly formed company backed by a…

Secretary of Commerce Wilbur L. Ross, Jr. today announced that the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has imposed a denial of export privileges against Zhongxing Telecommunications Equipment Corporation, of Shenzhen, China (“ZTE Corporation”) and ZTE…

Proposed Sale Would Offer Nearly 390,000 Acres WASHINGTON – In support of the President's “America-First Offshore Energy Strategy,” U.S. Secretary of the Interior Ryan Zinke announced the proposed lease sale for two additional areas offshore Massachusetts for commercial wind energy…

The Securities and Exchange Commission announced charges against Wedbush Securities Inc. for failing to supervise employee Timary Delorme after the broker-dealer ignored numerous red flags indicating that Delorme was involved in a long-running pump-and-dump scheme targeting retail investors. Delorme agreed…

The Securities and Exchange Commission has charged a California-based energy storage and power delivery product manufacturer and one of its former sales executives in a fraudulent revenue recognition scheme designed to inflate the company’s reported financial results. According to the…

The Securities and Exchange Commission has settled an action against Canada-based Kinross Gold Corporation for Foreign Corrupt Practices Act violations arising from the company’s repeated failure to implement adequate accounting controls of two African subsidiaries. According to the SEC’s order…

Complaint alleges publisher invited competitor to collude Oregon Lithoprint Inc., owner of the News-Register, a twice-weekly community newspaper based in Yamhill, Oreg., has agreed to settle FTC charges that it invited a competitor to collude in an arrangement to divide…

The Securities and Exchange Commission has charged a penny stock promoter based in Florida with defrauding investors in a pair of gold mining stocks by secretly amassing shares before touting the companies publicly. He allegedly sold the bulk of his…