SEC
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations (such as Regulation Best Interest), enforcement actions and related activities.
Disclosures and Evoking the Lewis Liman Defense
By Knut A. RostadWhy did the SEC accept a $33 million settlement in light of its allegations that Bank of America failed to disclose that bonus payments were authorized for up to $5.8 billion? Judge Jed Rakoff wants to know.
August 10, 2009
Should the SEC be Self-Funded?Of the many regulatory questions being discussed in Washington, how to fund the SEC seems lower on the priority list than others. But should it? Other agencies organizations are self-funded, including the FDIC, the Federal Reserve and FINRA.
August 06, 2009
Getting Greenburg's pocket changeIs a million dollars a lot of money anymore? Little surprise, Donald Trump doesn't think so. And I'm sure Hank Greenburg simply reached into his...
August 06, 2009
Greenberg Settles With SECMaurice Greenberg, former chairman of American International Group Inc., has agreed to pay $15 million to settle U.S. Securities and Exchange Commission charges that he made AIG's finances look artificially strong.
August 06, 2009
Greenberg Settles With SECMaurice Greenberg, former chairman of American International Group Inc., has agreed to pay $15 million to settle U.S. Securities and Exchange Commission charges that he made AIG's finances look artificially strong.
August 04, 2009
BofA to Pay SEC $33 Million Over Merrill BonusesThe SEC filed charges against BofA for misleading investors about billions of dollars in bonuses that were being paid to Merrill Lynch executives.
August 03, 2009
After Court's Nod On 151A, Views Differ On What SEC Will DoIndustry experts have different takes on what the Securities and Exchange Commission is going to do in the wake of a recent federal appeals court ruling