ritholtz.com - 10/1/2009
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The problems at the SEC were decades in the making.
Essentially the largest prosecutor’s office in the country, they have been undercut at every turn: Their staffing was far too small to handle the jurisdiction (Wall Street and corporate criminality), their budgets were sliced, failing ...
indexuniverse.com - 9/25/2009
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indexuniverse.com —
The United States Natural Gas Fund will start
issuing new shares again on Monday. What can investors...
expect to happen?
(more)
The Future For UNG
zerohedge.com - 10/7/2009
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zerohedge.com —
Securities Industries News discloses that the SEC has
requested it be granted authority to have "direct access...
to real-time data" on CDS and other derivatives. One wonders how the SEC was operating up until this point without this information. Yet ...
(more)
SEC Begging For Real Time CDS Pricing Terminal
trueslant.com - 10/1/2009
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trueslant.com —
The SEC’s Order and the NYSE Decision against
Goldman find that for more than two years, beginning...
in March 2000, the customers’ pattern of trading and Goldman’s own records reflected that they were selling the securities short in violation of Rule ...
(more)
Matt Taibbi - Taibblog – A Look Inside the ...
Comments
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Ritholtz says: Give the SEC teeth!
footnoted.org —
... My good friend and blogger extraordinaire Barry Ritholtz wrote such a compelling post yesterday about the SEC that I thought it was worth sharing with footnoted.org readers. Here it is in its entirety as only Barry can say it: ...
Web Watch: Best Blog Posts and Columns For the Week Ending Oct. 2
Securities Docket —
... Collar Crime Prof Blog | October 1, 2009
The Ninth Circuit Court of Appeals issued a decision in United States v. Ruehle,a case that opens by saying “[w]e here explore the treacherous path which corporate counsel must tread under the attorney client privilege when conducting an internal investigation to advise a publicly traded company on its financial disclosure obligations.”
Giving the SEC Teeth (Barry Ritholtz, The Big Picture)
The Big Picture | ...
Related Content
How the New SEC Enforcement Director Can Help Restore Investor Confidence
securitiesdocket.com 4/14/2009 — by Bruce Carton
Robert Khuzami began his new job as director of the Enforcement Division at the Securities and Exchange Commission on March 30. His arrival marks the first change in leadership for the Enforcement Division since 200
Khuzami joins the SEC from Deutsche Bank AG in New York, ...
On SEC Funding, Congress Must Put Up or Shut Up (or Give Up and Allow Self-Funding)
securitiesdocket.com 8/11/2009 — Back in January, U.S. Rep. Gary Ackerman (D-N.Y.) was recognized to speak at a House sub-committee hearing about the Madoff Ponzi scheme and the need for better regulatory oversight to prevent such fraud. He promptly lashed out at a witness from the Securities and Exchange Commission, stating: ...
Specialization Key to SEC Enforcement Division Overhaul
securitiesdocket.com 5/5/2009 — by Bruce Carton
In a column last month, I noted the arrival of a new Securities and Exchange Commission enforcement director, Robert Khuzami (pictured below). I suggested that Khuzami had to hit the ground running and discussed the flood of suggestions from within the SEC and from the outside ...
Today’s Testimony of SEC Chairman Mary Schapiro Before Senate Subcommittee
securitiesdocket.com 6/2/2009 — Today, SEC Chairman Mary Schapiro testifies before the U.S. Senate Committee on Appropriations’ Subcommittee on Financial Services and General Government. A copy of her prepared testimony is available here. Key sections of her testimony are laid out below:
»»REINVIGORATING SEC ...
America's Fear of Competition
tbm.thebigmoney.com 1/24/2009 — Although everybody claims to love the market, nobody really likes the rough-and-tumble of competition that produces the essential "creative destruction" of capitalism. At bottom, this abhorrence of competition and change are the common theme that ...
SEC looks to reassure investors
(Reuters)
news.yahoo.com 2/8/2009 — Reuters - Securities and Exchange Commission officials looked to reassure investors on Friday that they would reinvigorate the agency's policing of Wall Street, improve the quality of credit ratings and said they expect to bring more cases against ...
The SEC
blogmaverick.com 11/17/2008 — I wish I could say more, but I will have to leave it to this, and let the judicial process do its job.
November 17, 2008
RE: SEC Civil Action in the United States District
for the Northern District of Texas, Dallas Division
Mark Cuban today ...
The Rakoff Decision: The SEC Will Be Changed Forever
247wallst.com 9/15/2009 — Federal District Judge Jed S. Rakoff was supposed to a approve a $33 million settlement between the SEC and Bank of America (BAC) over the issue of the financial firm making inaccurate statements regarding Merrill Lynch employee compensation. These ...
SEC ’s “Wish List” of 42 Changes It Seeks in the Federal Securities Laws.
securitiesdocket.com 7/16/2009 — Fox Business reports that the SEC has submitted to Congress a “wish list” of 42 changes it would like made to federal securities law. FOX Business reports that the SEC’s proposals “likely wouldn’t be brought up as legislation on their own, but could possibly be attached ...
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