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Euroshareholders Organization Selects Plaintiffs’ Law Firm Labaton Sucharow As its U.S. Legal Advisor. http://is.gd/dmXC # Fallen law firm Milberg LLP rallying with 100+ Madoff clients, and counting. http://is.gd/dmWx # U.S., Other Countries Step Up Cooperation and Fight Against Bribery and Corporate Crime. http://is.gd/dmUX # SEC’s Office of Risk Assessment: Withered, but Revitalized in 2008. http://is.gd/diaC […]
Today’s in-depth Washington Post interview with SEC Chairman Christopher Cox includes a discussion of the reduction of the SEC’s Office of Risk Assessment from seven people to one person during Cox’s tenure. It states: Another staffing shift was underway at the Office of Risk Assessment, formed by Cox’s predecessor, William H. Donaldson, to spot emerging […]
In a lengthy interview with the Washington Post, his first interview since the Madoff scandal broke, SEC Chairman Christopher Cox, defended his leadership and restraint during the financial crisis. Cox also clarified that although it was not well understood by the public, it was not the SEC’s job to prevent investment banks from collapsing, but […]
Reserve Management Company, Inc. announced yesterday that on December 18, 2008, the staff of the SEC’s Division of Enforcement informed RMCI of the staff’s intention to recommend that the SEC bring an enforcement action against RMCI alleging violations of certain provisions of the federal securities laws. In addition, the staff also intends to recommend enforcement […]