ft.com - 4/14/2009
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The Securities and Exchange Commission is reviewing whether Bank of America broke the law by not telling shareholders about Merrill Lynch’s plan to pay out $3.6bn in bonuses before they voted for a government-backed merger of the two banks. Merrill paid the bonuses in December, days before it ...
sec.gov - 4/14/2009
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sec.gov —
FOR IMMEDIATE RELEASE 2009-78 Washington, D.C., April 13,
2009— Securities and Exchange Commission Chairman Mary L. Schapiro...
today announced that former SEC official Meredith B. Cross will return to the agency as its new Director of the Division of ...
(more)
Press Release: Meredith Cross Named New Director of SEC ...
turnerradionetwork.blogspot.com - 4/21/2009
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turnerradionetwork.blogspot.com —
North Bergen, NJ -- This afternoon at around
3:00 PM eastern US time, Turner Radio Network (TRN)...
received a call from John Polesi at the U.S. Securities & Exchange Commission in Washington, DC.Mr. Polise asked about our story concerning the "stress ...
(more)
U.S. Securities & Exchange Commission calls TRN about ...
online.wsj.com - 4/9/2009
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online.wsj.com —
JAMES FREEMAN The Obama administration wants to regulate
venture capital firms to prevent systemic risks. Silicon Valley...
residents are scratching their heads and asking: What risks? The rest of us should ask why Washington is targeting a jewel of the ...
(more)
Opinion: Silicon Valley a Systemic Risk?
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SEC to review BofA’s bonus actions
FT Alphaville —
The SEC is reviewing whether Bank of America broke the law by not telling shareholders about Merrill Lynch’s plan to pay out $3.6bn in bonuses before they voted for a merger of the two banks. Merrill paid the bonuses in December, days before it was acquired by BofA. BofA has said it was not required to disclose the bonus payments. But Mary Schapiro, SEC chairman, told a Democratic congressman that the SEC was “carefully reviewing” whether BofA should have revealed the bonus plan.
Links 4/14/09
naked capitalism —
... SEC to review whether BofA broke the law Financial Times. For once, the SEC is acting like a regulator as far as a big company is concerned.The exception that proves the rule. ...
BofA under investigation by the SEC concerning Merrill Lynch bonuses totaling $3.6 billion
BloggingStocks —
... is too mild) to pay themselves $3.6 billion dollars in bonuses just days before the BofA takeover. Continue reading BofA under investigation by the SEC concerning Merrill Lynch bonuses totaling $3.6 billion BofA under investigation by the SEC concerning Merrill Lynch bonuses totaling $3.6 billion originally appeared on BloggingStocks on Tue, 14 Apr 2009 17:20:00 EST. Please see our terms for use of feeds.Read | Permalink | Email this | Comments ...
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SEC to review if BofA broke the law
hf-implode.com 4/14/2009 — "The U.S. Securities and Exchange Commission is reviewing if Bank of America Corp violated federal securities law by failing to disclose to shareholders Merrill Lynch's plan to pay $3.62 billion in bonuses before they voted for the merger of the banks, the Financial Times said."
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, ...
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 ...
SEC Heal Thyself: Compliance Program Revamped
securitiesdocket.com 6/9/2009 — The Securities and Exchange Commission just hasn’t had enough bad news recently, so last month the media piled on even more: a probe of insider-trading allegedly going on inside the SEC.
Specifically, the agency’s inspector general has found evidence of “suspicious activity, appearances of ...
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 ...
Fiscal Year 2009: The SEC’s Year from Hell
securitiesdocket.com 10/14/2009 — For the Securities and Exchange Commission, which operates on a fiscal year that ends every September, Oct. 1, 2009, could not come soon enough. It seems almost beyond dispute that the agency’s fiscal 2009 was the most dismal in its history, and perhaps the most transformational.
Now it ...
SEC Self-Funding: The Time Has Come
feedproxy.google.com 9/9/2009 — B. Carton
As I argued in this column last month, the Securities and Exchange Commission budget has been well below where it should be for several years. This shortfall has caused the SEC to suffer a 10 percent reduction in staff and a cut of more than 50 percent in its new technology ...
The SEC
blogmaverick.com 11/30/2008 — First let me say that this has nothing to do with me, but given my interest in all things financial and the government during this financial crisis, I read with interest the Office of Inspector General’s Report to Congress regarding the SEC.
...
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 ...
MEMC To Cut 200 Jobs In Korean Unit —
BARRONS.com: Tech Trader Daily 4/14/2009
MEMC Electronic Materials (WFR) disclosed in an SEC filing today that it plans to cut 200 jobs at its MEMC Korea unit. The cuts are in addition to 200 cuts disclosed earlier this month that targeted its facilities at St. Peters, Missouri, and ...
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