Brazil's Cemig appoints Luiz Paroli Santos as CEO of subsidiary Light
SAO PAULO, June 27 The board of Brazil's utility Cia Energética de Minas Gerais nominated on Tuesday Luiz Paroli Santos as the new chief executive officer at subsidiary Light SA.
Oct 17 Morgan Stanley Smith Barney LLC said it would pay a fine of $2.2 million to the Financial Industry Regulatory Authority (FINRA), after the regulatory body alleged that the firm submitted millions of inaccurate reports to the Options Clearing Corp, violating the FINRA rules.
FINRA claimed that in over 13 million situations the wealth management firm sent reports, on its large options positions, which missed details such as tax identification numbers, had wrong account type details and incomplete address fields etc.
FINRA typically tracks reports like those that Morgan Stanley submitted in order to identify holders of large option positions who could be, in addition to other things, attempting to manipulate the market.
New York-based Morgan Stanley Smith Barney, is a unit of Morgan Stanley, and has been a member of FINRA for seven years.
(Reporting by Rishika Sadam in Bengaluru; Editing by Bernard Orr)
BUENOS AIRES, June 27 Argentina-based Pan American Energy will invest some $1.2 billion in the country this year, with a focus on development of hydrocarbons, a company spokesman said on Tuesday.
* Eldorado Gold Corp- Kisladag is now expected to produce approximately 38,400 ounces of gold in Q2 of 2017 and about 90,000 ounces of gold for first half of 2017