Tags » U-S-securities-and-exchange-commission

A behind the scenes look at Shopify’s successful initial public offering

Shopify Inc., which had one of the best-performing North American technology IPOs of the year, transformed itself through the process, says CFO Russ Jones.

Six months after the dual listing on the TSX and NYSE, which was oversubscribed and raised $131 million, the Ottawa-based company has grown its merchant base to 200,000 with $1.9 billion worth of orders, boosted its profile and attracted senior talent. 651 more words


Valeant shares rebound after Citron holds off new allegations

By Oliver Renick and Cynthia Koons

Valeant Pharmaceuticals International Inc. shares gained after stock commentary site Citron Research said it won’t release new allegations against the drugmaker, whose shares have plummeted amid scrutiny of its business practices. 531 more words


The OSC has introduced steps to help recover funds for wronged investors, but are they enough?

Canadian regulators will tell you they have been making progress by securing new measures to recover funds for investors who lose money to dubious schemes and malfeasance in the capital markets. 1,381 more words

FP Street

IBM Corp says the SEC is probing its accounting practices on revenue

IBM disclosed that the U.S. Securities and Exchange Commission is conducting an investigation related to the technology seller’s revenue recognition.

International Business Machines Corp. said Tuesday it learned in August that the SEC is looking into the accounting treatment of certain transactions in the U.S., the U.K. 219 more words

FP Tech Desk

IBM Under SEC Investigation for Accounting Practices

IBM is under investigation by the U.S. Securities and Exchange Commission over its accounting practices, according to a regulatory filing. Shares dropped in the wake of the disclosure. 299 more words


Canadian company DBRS to pay $6 million for credit rating failures

Credit-rating company DBRS Inc. agreed to pay almost $6 million to settle claims by a U.S. regulator that it misrepresented its monitoring program in tracking certain complex debt securities. 230 more words


Three fined $100,000 each for running Skymark pump-and-dump scam

Three men who operated a “pump-and-dump” scam through Calgary-based Skymark Research have agreed to pay $100,000 each to the Alberta Securities Commission and accept a permanent ban from taking part in the Alberta securities market. 231 more words