Securities Docket News Wire for Dec. 2, 2008

  • Sam Waksal out of prison, now under home confinement living on upper East Side of Manhattan. http://is.gd/9YDH #
  • Kuwait to establish its first-ever financial markets regulator to stop insider trading, other stock market crimes. http://is.gd/9WIh #
  • Founding Member of CBOE Pleads Guilty to Obstruction of Justice in SEC Probe. http://is.gd/9VT6 #
  • Prof. Adam Pritchard and Securities Class Action Reform: “The Revolution Has Begun (Maybe)” http://is.gd/9URJ #
  • Ontario Securities Commission to increase market surveillance to detect insider trading. http://is.gd/9TH4 #
  • Quest Software announces settlement with SEC on stock option probe: Deal is injunction, no fraud charge, no penalties. http://is.gd/9SW8 #
  • Legg Mason pours over $500 million into four of its money market funds to avoid “breaking the buck.” http://is.gd/9SMM #
  • Ina speech Monday, Vladimir Putin said insider trading, currently not illegal in Russia, will become a criminal offense. http://is.gd/9RHa #