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Specialization Key to SEC Enforcement Division Overhaul
Specialization Key to SEC Enforcement Division Overhaul
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 Chief Schapiro Wants Authority to Make Hedge-Fund Rules
bloomberg.com — May 2 (Bloomberg) -- The U.S. Securities and Exchange Commission should be given authority to regulate what... hedge funds can buy and how much money they can borrow to maximize bets because registration falls short of what’s needed to police the $1.33 ... (more) SEC Chief Schapiro Wants Authority to Make Hedge-Fund Rules
SEC’s Schapiro Wants Power to Make Hedge-Fund Rules (Correct)
bloomberg.com — (Corrects first paragraph to remove reference to SEC seeking authority over what hedge funds can buy and... borrow in story published May 2.) May 2 (Bloomberg) -- The U.S. Securities and Exchange Commission should be given more authority over hedge funds ... (more) SEC’s Schapiro Wants Power to Make Hedge-Fund Rules ...
SEC Squanders a Shot at Reform
SEC Squanders a Shot at Reform
online.wsj.com — Give the financial crisis credit for at least one good thing: it exposed the Securities and Exchange... Commission. From systemic risk to Bernie Madoff, the failure of the SEC is now an accepted truth on Wall Street. The commission not only whiffed on ... (more) SEC Squanders a Shot at Reform
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Suit in Madoff Case Says a Manager Was FavoredIEHI Feed: The Hedge Fund Implode-o-Meter
"A court-appointed trustee in the Bernard L. Madoff case has accused Stanley Chais, an investment manager and prominent Los Angeles philanthropist, of routinely getting “implausibly high” returns on his family’s Madoff accounts — profits so high that he should have known they were the product of ...
Suit Says Madoff Investor Must Have Known of FraudDealBook
Stanley Chais, an investment manager and prominent Los Angeles philanthropist, was sued on Friday by a court-appointed trustee who accused him of getting such outsized returns on his family's accounts with Bernard L. Madoff that he "knew or should have known" that his family was participating in ...
Madoff Son Bitch Slapped Into Keeping Low ProfileDealbreaker
Of course, he probably should've been avoiding showing his face, let alone defending his father, in public already but no one ever said the Madoff spawn were fast learners. Apparently Andy Madoff has recently started staying inside with the shades drawn, after sharing a moment in front of an ...
A Not-So-Happy Birthday for MadoffDealBook
Bernard L. Madoff observed his 71st birthday behind bars in Lower Manhattan on Wednesday, with no party and little to celebrate as he awaits what is likely to be a lifetime sentence after pleading guilty to running an enormous Ponzi scheme.