Related Parties, Then and Now; Related parties, as well as the relationships and transactions that a company has with them, have historically been associated with material misstatements, particularly those resulting from fraud

Watchdog’s Hunt Is Short on ‘Wolves’; Finra program hasn’t barred any brokers tied to Stratton Oakmont from ‘Wolf of Wall Street’ fame

http://www.wsj.com/articles/watchdogs-hunt-is-short-on-wolves-1425511252

Watchdog’s Hunt Is Short on ‘Wolves’

Finra program hasn’t barred any brokers tied to Stratton Oakmont from ‘Wolf of Wall Street’ fame

JEAN EAGLESHAM And ROB BARRY

March 4, 2015 6:20 p.m. ET

Christopher Veale started his career as a stockbroker at the notorious boiler room Stratton Oakmont Inc. depicted in the film “The Wolf of Wall Street.” In the 20 years since then, he has worked for 18 firms and racked up 25 red flags on his disciplinary record. Continue reading

Until this week, there had been absolute silence in Sri Lanka’s Colombo stock market over the dismal happenings in the past where alleged mafia-like traders controlled the market and also certain officials at the Securities and Exchange Commission (SEC)

http://www.sundaytimes.lk/150301/business-times/sec-catch-the-manipulators-137362.html

SEC: Catch the manipulators

1 March 2015

Sunday Times

Until this week, there had been absolute silence in the Colombo stock market over the dismal happenings in the past where alleged mafia-like traders controlled the market and also certain officials at the Securities and Exchange Commission (SEC). Continue reading

[Flashback] Heist of the Century – How Jho Low Used PetroSaudi As “A Front” To Siphon Billions Out Of 1MDB

http://www.sarawakreport.org/2015/02/heist-of-the-century-how-jho-low-used-petrosaudi-as-a-front-to-siphon-billions-out-of-1mdb-world-exclusive/

Posted by Ronald SIM Hong Sheng, Year 4 undergrad at the School of Business, Singapore Management University

Together with London’s Sunday Times newspaper, Sarawak Report has completed an in-depth investigation into the trail of the missing billions at the heart of Malaysia’s 1MDB (One Malaysia Development Berhad) financial scandal.

We have obtained access to thousands of documents and emails relating to transactions by 1MDB, including its initial joint venture with the little known oil company PetroSaudi International from 2009. Continue reading

Changjiang Fertilizer chairman’s leave of absence and where the all-important legal seals were held prompt queries; Firm ‘unable to take a view’ whether chairman’s ‘personal matters’ will affect his character and integrity as a director

http://www.businesstimes.com.sg/companies-markets/changjiang-fertilizer-chairmans-leave-of-absence-prompts-queries

Posted by John SOH Yong Ye, Year 4 undergrad at the School of Economics, Singapore Management University

Changjiang Fertilizer chairman’s leave of absence prompts queries

Jamie Lee

5 March 2015

Business Times Singapore

Firm ‘unable to take a view’ whether chairman’s ‘personal matters’ will affect his character and integrity as a director

CHANGJIANG Fertilizer Holdings – which shut down production for all of last year – on Wednesday announced that it has been queried by the Singapore Exchange (SGX) over the leave of absence taken by its executive chairman, Cai Jian Hua. The concerns, as put forth in the regulatory announcement, related to the details behind the “personal matters” that led to his six-month leave, and where the all-important legal seals were held. Continue reading