trending Market Intelligence /marketintelligence/en/news-insights/trending/QHwLxdaNQN_7Ob8O_cS3Dw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

SEC fines former Industrial & Commercial Bank of China Financial Services exec

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good


SEC fines former Industrial & Commercial Bank of China Financial Services exec

Domenick Migliorato, a former supervisor of the securities lending desk at Industrial & Commercial Bank of China Financial Services LLC, agreed to settle SEC charges for his supervisory failures involving the improper handling of prereleased American depositary receipts.

The regulator found that under Migliorato's watch, personnel on the securities lending desk failed to take reasonable steps to determine whether the proper number of foreign shares were owned and held by the company or its customers. This failure opened up the possibility that the ADRs could be used improperly for short selling or dividend arbitrage. From 2011 through 2014, Migliorato was responsible for the company's compliance with the prerelease requirements, according to the SEC's findings.

Without admitting or denying the SEC's findings, Migliorato agreed to pay a civil money penalty of $150,000. In addition, he is prohibited from acting in a supervisory capacity for at least three years.

Industrial & Commercial Bank of China Financial Services, a unit of Industrial & Commercial Bank of China Ltd., agreed to pay more than $42 million earlier this year to settle SEC charges for improper handling of prereleased ADRs.