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Sientra’s share price sank 52.9 percent on Sept. 24, 2015, to $9.70 from $20.58, after it disclosed that the U.K. Medicines and Healthcare Products Regulatory Agency had suspended the certificate needed for the supplier, Brazil’s Silimed, to sell the implants. Zeini could not immediately be reached for comment, and a lawyer for him could not immediately be identified. The SEC said Zeini had hid “damaging” details from “every other professional” working on his Santa Barbara, California-based company’s 3 million share offering, including its chief financial officer, directors, lawyers, auditors and bankers, and tried to cover his tracks after it was done.

“Zeini acted knowingly, recklessly and without reasonable care,” the complaint said, The SEC is seeking a civil fine and an officer and director ban for Zeini, It filed its lawsuit with the U.S, District Court in Los Angeles, Sientra settled related charges, but was not fined after providing “extensive” cooperation, the SEC said, The company did not admit or deny wrongdoing, Silimed was not charged, The SEC did not respond to a request for comment, According to fuchsia kristal cufflinks his LinkedIn profile, Zeini is now the owner of Elissar Advisors & Investment Co in Santa Barbara, He stepped down as Sientra’s chief executive in November 2015..

NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, on Wednesday said bond prices across the U.S. Treasury yield curve could fall if the 30-year yield closes above 3.25 percent twice in a row. The yield on the 10-year Treasury note US10YT=RR and 30-year Treasury bond US30YT=RR both hit four-month highs early Wednesday. The 10-year yield was currently trading around 3.08 percent and the 30-year around 3.22 percent. Gundlach told Reuters he was still forecasting 6 percent on the 10-year yield by the next presidential election or a year after.

“I first made that statement in July 2016 when the overwhelming consensus view was the 10-year was soon headed to 1 percent,” he said, “So the observation is right a little over two years later with 10s a little over 3 percent.”, He added: “My 6 percent by 2021 call is perfectly on track, No reason at all to change it, A move soon to higher yields would be signaled by the 30-year closing two days in a row over 3.25 percent.”, fuchsia kristal cufflinks Last week, Gundlach likened debt-financed U.S, budget deficits to Miracle-Gro plant food and remarked that the benefits of the ballooning deficit, stemming from tax cuts, were not permanent, On Wednesday, Gundlach said, “The deficit is insane, A truly strong economy produces a fiscal surplus.”..

RIO DE JANEIRO (Reuters) - The trade dispute between the United States and China could well expand into other areas given the significant “ammunition” the two countries have, the director-general of the World Trade Organization (WTO) said on Wednesday. Speaking at an event in Rio de Janeiro against the backdrop of growing trade tensions between Beijing and Washington, Roberto Azevedo said the WTO has focused on trying to increase dialogue between the two countries. “I’m very concerned,” he said at the event. “To be honest, I don’t think it’s over. They have lots of ammunition and it can expand to other areas beyond just tariffs .. and trade.” He did not elaborate.

On Tuesday, in the latest sign of deteriorating commercial relations between the world’s two largest economies, Beijing added $60 billion worth of U.S, products to its import tariff list in retaliation for U.S, President Donald Trump’s planned levies on $200 billion worth of Chinese goods, Trump has long railed against the WTO, and his government has eroded its power by blocking appointments to its appeals chamber as existing trade judges’ terms end, If the United States manages to paralyze the WTO’s dispute system, it would end 23 years of WTO enforcement, the keystone of international efforts to prevent trade fuchsia kristal cufflinks protectionism..

WASHINGTON (Reuters) - U.S. regulators ordered Bank of America (BAC.N) on Wednesday to pay a $30 million civil penalty for what it called attempted manipulation of the swaps and derivatives benchmark. The Commodity Futures Trading Commission said in a statement that Bank of America from January 2007 through December 2012 made false reports and attempted to manipulate the U.S. Dollar International Swaps and Derivatives Association Fix (USD ISDAFIX), a leading global benchmark. Bank of America spokesman Bill Halldin said the bank has “significantly enhanced” the procedures it uses to detect inappropriate behavior.

PARIS (Reuters) - The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will adopt Alphabet’s Google Android operating system, handing a victory to the U.S, tech giant as it pushes for a bigger share of the infotainment market, Renault, Nissan and Mitsubishi, with combined sales of 10.6 million vehicles last year, said future models will “integrate Google applications and fuchsia kristal cufflinks services” including Maps and the voice-commanded Google Assistant, The move, first reported by the Wall Street Journal, leans more heavily on Big Tech than large or luxury rival carmakers have hitherto been willing to do, Many fear losing control of customer relationships, data and potentially significant future revenue from connected services..

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