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By John Sullivan, Advisorone |
May 22, 2012
Executives are “calling their bluff,” and the agency is struggling with a surge of companies willing to defend themselves.
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By Melanie Waddell, AdvisorOne |
May 1, 2012
The SEC has appointed George Canellos, the current director of its New York regional office, as deputy director of the Division of Enforcement.
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By John Sullivan, Advisorone |
April 16, 2012
The SEC on Monday charged the Schwab-owned online options firm optionsXpress, as well as four officials at the firm and a customer, in an alleged abusive naked short selling scheme.
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By Larry Neumeister, Associated Press |
March 16, 2012
A federal appeals court said Judge Rakoff likely overstepped his authority when he blocked the SEC's $285 million settlement with Citi over toxic mortgage securities.
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By Melanie Waddell, AdvisorOne |
March 2, 2012
A federal judge has ordered the former CEO of Brookstreet Securities to pay a $10 million penalty for selling risky and illiquid collateralized mortgage obligations to seniors during the financial crisis.
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By Melanie Waddell, AdvisorOne |
January 9, 2012
The new policy, according to the SEC, does not require admissions or adjudications of fact beyond those already made in criminal cases, but eliminates language that may be construed as inconsistent with admissions or findings that have already been made in the criminal cases.
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By Melanie Waddell, AdvisorOne |
January 4, 2012
The SEC on Tuesday charged Texas-based financial services firm Life Partners Holdings Inc. and three of its senior executives for their involvement in a fraudulent disclosure and accounting scheme involving life settlements.
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By James J. Green, AdvisorOne |
December 28, 2011
I felt bad for Jon Corzine as he took his (subpoenaed) seat at a House Agriculture Committee hearing on Dec. 8.
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By Marlene Y. Satter, AdvisorOne |
December 16, 2011
The Securities and Exchange Commission announced Friday that it has charged six former executives from Fannie Mae and Freddie Mac with securities fraud.
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By Melanie Waddell, AdvisorOne |
December 7, 2011
The SEC crackdown, Robert Khuzami said, was akin to “the crime-fighting approach championed by Rudy Giuliani in 1990s New York–-if you stop people when they commit small infractions, they are less likely to graduate to bigger ones.”
