SEC lawyers probed for insider trading
reuters.com 5/15/2009 — WASHINGTON (Reuters) - Two U.S. Securities and Exchange Commission enforcement lawyers are under investigation by federal criminal authorities for allegedly using insider information to trade stocks, a report by the SEC's internal watchdog said. The ...

Octopussy and the Golden Goose
securitiesdocket.com 21 days ago — If you are in an insider trading ring and your ring-buddies are using a “nickname” of any kind for you or others involved, it is all but certain that the nickname is going to be prominently mentioned when the SEC issues its press release about the case. As discussed in this post on my ...

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 ...

SEC Brings Insider Trading Case Against Former CFO of Private Equity Firm
securitiesdocket.com 24 days ago — On Friday, the SEC charged the former CFO of a San Francisco private equity firm and six of his relatives and friends with insider trading. The SEC alleged that the defendants collectively made more than $8 million in illicit profits from trades based on inside information. The SEC alleges ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION: Form 8-K
sec.gov 7/24/2009 —

Fixing the SEC
ritholtz.com 10/1/2009 — 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 ...

Fixng the SEC
ritholtz.com 9/30/2009 — 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 ...

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 ...

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: ...

Financial Statement Manipulation An Ever-Present Problem For Investors — Investopedia.com Headlines 24 days ago
The SEC has taken steps to eliminate this type of corporate fraud, but it remains a real risk for investors.