bearmountainbull.com - 6/29/2009
—
An interesting discussion yesterday over at Zero Hedge, following up an opening comment from a supposed SEC employee:
The problem with attempting to push a market manipulation case is that it is very difficult to make such a case in a court of law with just the tape alone; intent has to be ...
ritholtz.com - 7/4/2009
—
ritholtz.com —
We have a bull market excess stupidity. Now
that I think about it, this could very well...
be the longest bull market in history, running as it has for several 100,000 years. The latest manifestation of this intellectual failure is the new ...
(more)
Banning Short Selling
reuters.com - 6/22/2009
—
reuters.com —
(Adds response from SEC) HOUSTON, June 22 (Reuters)
- The U.S. Securities and Exchange Commission sought to...
reduce fees for the receiver appointed to recover assets for clients of accused swindler Allen Stanford only after it was discovered that the ...
(more)
UPDATE 1-SEC opposition to Stanford fees ...
zerohedge.blogspot.com - 6/27/2009
—
zerohedge.blogspot.com —
Critical update: Zero Hedge thrives on its proactive
readers, yet I never expected a barrage of information...
such as the one I received since posting this. In the hundreds of emails received over the past several hours, much of it from current industry ...
(more)
The SEC Needs Your Feedback
Comments
Blog Reactions
Madoff, the "little guy", and the SEC
Finance Trends Matter —
... to say, his business is a small fraction of what it once was. “It pretty well wiped me out,” he said a few days ago. He is extremely bitter. The same is true of Mr. Wilson, who is also deeply in debt and struggling to reclaim his life." An isolated incident, you say? Have a look at this post from Tim Knight's blog (Hat tip: Howard Lindzon) along with this story from one similarly affected investor in the comments section (Hat tip: Bear Mountain Bull). I suppose this is what they mean when they say that Wall Street's ...
Related Content
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 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 ...
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, ...
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 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 11/30/2008 — 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 ...
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: ...
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 ...
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 ...
Follow WallStreetBlips on Twitter
