Securities Docket News Wire for Dec. 7, 2008

India: Amendments to insider trading laws are “extreme measures, nearly unrivalled in their scope anywhere in the world.” http://is.gd/aCCW #
Korean prosecutors investigating possible insider trading by investors who made billions of won trading Sejong Securities http://is.gd/aBp5 #
SEC’s Cox: “When govt. becomes both referee and player, game changes dramatically for every other participant.” http://tinyurl.com/5j62ov #
Speech by SEC’s John W. White: Don’t Throw Out the (SEC) Baby with the Bathwater” http://sec.gov/news/speech/2008/spch112108jww.htm #
Barry Minkow’s “For Profit” Fraud Discovery Institute. http://tinyurl.com/6aegjm #
Dreier LLP lawyer: “No way to save the firm … Dissolution is definite. The firm can’t make the next payroll.” http://tinyurl.com/6qnym9 #
Dreier LLP: Between $20 and $38 million reportedly missing from securities litigation firm’s escrow accounts. http://tinyurl.com/6qnym9 #
Securities litigator Marc Dreier, founder of Dreier LLP, arrested in Canada for impersonating another lawyer. http://tinyurl.com/6cj9er #
SEC: Del Biaggio used someone else’s bank acct. statements, scissors, paste and a scanner to finance an NHL hockey team. http://is.gd/atbw #