Via C-Span, a video is now available of today’s hearing before the U.S. Senate Banking Committee’s Subcommittee on Securities, Insurance, and Investment on “Strengthening the SEC’s Vital Enforcement Responsibilities.”
Eric Holzer, a tax lawyer who worked at law firm Paul Hastings Janofsky & Walker, pleaded guilty today to criminal charges that he traded on stock tips received from former Lehman Bros. salesman Matthew Devlin. As previously discussed here, former day trader Jamil Bouchareb also pleaded guilty earlier this week in the same “Golden Goose” insider trading scheme that resulted…
SEC To Ask Congress For More Authority To Seek Civil Penalties. http://bit.ly/13sJ2I 6 mins ago SEC’s Khuzami Seeks More Trial Lawyers Amid Surge in Inquiries. http://bit.ly/b4E2g 7 mins ago Khuzami: SEC Close To Hiring Director For NY Office. http://bit.ly/T90vo 8 mins ago Khuzami Calls SEC’s Botch in Madoff Case a “Wake-Up Call.” http://bit.ly/xvBGB 8 mins ago Deloitte to Pay $1M…
Strengthening the SEC’s Vital Enforcement Responsibilities Testimony by Robert Khuzami Director, Division of Enforcement U.S. Securities and Exchange Commission Before the U.S. Senate Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment May 7, 2009 A copy of Mr. Khuzami’s testimony is available at the link below: May 7, 2009 Testimony of Robert Khuzami
Join us here for consolidated coverage via Twitter of the U.S. Senate Banking Committee’s Subcommittee on Securities, Insurance, and Investment hearing on “Strengthening the SEC’s Vital Enforcement Responsibilities.”
President Obama’s fiscal 2010 budget request would provide the Securities and Exchange Commission with a funding increase of 6.8% to $1.027 billion from an estimated $961 million in fiscal year 2009. The WSJ reports that if approved, the SEC would use some of the budget increase to invest in IT resources for its Enforcement Division that are “similar to those…
Today at 2:30 pm ET, the U.S. Senate Banking Committee’s Subcommittee on Securities, Insurance, and Investment will hold an important hearing on “Strengthening the SEC’s Vital Enforcement Responsibilities.” The hearing comes just one day after the release of an extraordinary Report to Congressional Requesters by the Government Accountability Office (that bears the unextraordinary title of “Greater Attention Needed to…
UK’s FSA arrests seven over boiler room ‘share scams.’ http://bit.ly/tRdve # As SEC Steps Up Vigilance, It’s Policing Some New Beats; 150 Hedge Fund Cases Underway. http://bit.ly/lKgFH # AGs from at least 30 states start pension inquiries. http://bit.ly/YkIlG # Records Show How Madoff Used Firm as ‘Piggy Bank.’ http://bit.ly/121BzF # “AIG” name to be sandblasted off landmark Hong Kong skyscraper.…
Patrick Dunaud and Emmanuel Drai have joined law firm Winston & Strawn as partners in its Paris office. The firm announced this week that Dunaud and Drai have joined its litigation practice together with three senior associates. All of the attorneys join the firm from Latham & Watkins. Dunaud and Drai focus their global practices on complex litigation with an…