Avantax®, a leader in tax-focused financial planning, just revealed that Melissa Loner, AIF®, will be taking on the roles of Vice President and Chief Compliance Officer. Loner has more than 25 years…
Month: June 2023
French Financial Regulator the AMF modifies its guidance on the streamlined integration of liquidity management tools for employee savings funds.
Following on from the measures taken to facilitate the integration of liquidity management tools in collective investment undertakings (CIUs), the Autorité des Marchés Financiers (AMF) has updated its instruction DOC-2011-21 to take account of the specific features of feeder employee savings funds.
Payments provider Sionic Appoints former Paypal Exec as Chief Compliance Officer
Susan Currey has been named Sionic’s new chief compliance officer (CCO), the company that is a pioneer in omni-commerce, verified quick payments solutions. Currey joins Sionic from PayPal where she headed a…
French AMF’s backlog of cases decreased by 35%
Marielle Cohen-Branche, Ombudsman of the Autorité des Marchés Financiers (AMF), has presented her latest annual report at a press conference. The number of requests sent to her remained very high and the number of recommendations proposed reached an unprecedented level. Disputes relating to “PEA” personal equity savings plans, especially concerning their transfer, were the prime reason for case referrals for the second year running.
Investment Firm PIMCO ordered to pay $37m Penalty Offset and $2.5m fine by the SEC
The Securities and Exchange Commission has initiated administrative and cease-and-desist proceedings against Pacific Investment Management Company LLC (PIMCO) for failing to accurately waive certain advisory fees consistent with its agreement with the…
The Securities and Exchange Commission issued a cease-and-desist order against Cantaloupe, Inc., formerly known as USA Technologies, Inc., for improper revenue recognition.
The Securities and Exchange Commission has instituted cease-and-desist proceedings against Cantaloupe, Inc., formerly known as USA Technologies, Inc., for improper revenue recognition. The Commission found that USA Technologies, Inc., a Malvern, Pennsylvania-based…
AI start-up Inbenta hires Chief Legal Officer from fastfood delivery start-up DoorDash
Adam Rivera has been appointed as Chief Legal Officer of Inbenta, a conversational AI platform aiming to enhance customer experience. With experience in international law, privacy, data governance, and cyber security, Rivera will oversee Inbenta’s legal, compliance, and regulatory oversight.
The AMF publishes a summary of the internal procedures used by asset management firms for ESG/SRI funds to ensure adherence to non-financial contractual commitments.
The AMF publishes a summary of the internal procedures used by asset management firms for ESG/SRI funds to ensure adherence to non-financial contractual commitments
Sound Point Capital hires Chief Compliance Officer from Cowen Investment Management
Andrea Sayago has been appointed as the new Chief Compliance Officer and Associate General Counsel at Sound Point Capital Management (“Sound Point”), a credit-focused firm with more than $30 billion in assets….
Barclays hires new CCO from HSBC – Kirsty Everett to move in July pending regulatory approval
Kirsty Everett has been named chief compliance officer and a member of the group executive committee of Barclays, pending approval by the UK FCA. Kirsty joins from HSBC, where she served as…