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SEC

Small business “disproportionately” affected by the cost of Sarbanes-Oxley...

Smaller businesses in the US are being disproportionately affected by the cost of compliance with the 2002 Sarbanes-Oxley Act, a key congressional study found yesterday. But the findings stopped short of (more…)

#compliance#investment#SEC

Siam General Factors provides transaction details to SEC in...

The Securities and Exchange Commission has reiterated its advice to investors to exercise caution and monitor information disclosures by Eastern…

#SEC#trade


Siam General Factoring asked for details of EWC loan...

The Securities and Exchange Commission (SEC) has ordered Eastern Wire Plc (EWC) and Siam General Factoring (SGF) to disclose details…

#bank#DEC#guarantee


Small business lobby groups want new SEC chairman to...

Two small-business leadership groups are rallying the nation's 5,000 publicly-traded microcap companies to lobby for reform of SEC Rule 504…

#leadership#SEC#small business


Executives resign in wake of factoring discrepancies

The company previously disclosed that its audit committee began an internal investigation in response to an SEC inquiry regarding the…

#JP Morgan#SEC#Vice president


First Business Financial Services, Inc. announces plans for future...

First Business Financial Services, Inc. has announced plans to file as a public company with the Securities and Exchange Commission…

#bank#commercial finance#financial services


Group buys 60% stake in factor

On 19 July the Central Retail Corp and Central Department Store respectively sold their 50 per cent and ten per…

#SEC#WHO


Alleged MX Factors fraud case latest; judge freezes assets...

Riverside, California firm MX Factors and its two Inland Empire investment arms -- all three accused of running a multi-million-dollar…

#Corona#i#investment


Financial chief fired amid factoring fraud probe

Whitehall Jewellers Inc. said on Thursday that it had fired chief financial officer Jon Browne as a result of an…

#factoring fraud#receivables#SEC


Bank of New York and GMAC agree on settlement

The Bank of New York Company, Inc. (BNY) and General Motors Acceptance Corporation (GMAC) have agreed to a settlement regarding…

#bank#SEC


Firm folds under factoring agreement when ES Bankest forced...

What started as a helping hand has strangled a struggling local tech firm. Chantilly-based Stratesec abruptly shut its doors because…

#bank#cash-flow#international


Committee to address concerns over financing companies

The Securities and Exchange Commission (SEC) has formed a committee to look into the activities of financing companies and to…

#banks#regulation#SEC

Oldest South-Western Factoring Company De-lists from American Stock Exchange...

KBK Capital Corporation, which provides business credit to middle-market companies, announced that, as of the close of business on September…

#bank#commercial finance#management

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