Daily Archives: July 31, 2012, 1:55 pm

Securities Docket News Wire for 2012-07-31

Early-Bird Registration Ends Today for Securities Enforcement Forum 2012 http://t.co/9tCcELHm # Heavier SEC fines unlikely to dent fraud – InvestmentNews http://t.co/pqz4QYUN # More than tiger mom, I had a tiger dad: Preet Bharara to NDTV | http://t.co/QvgtEOEW http://t.co/xY9eCLSW # The Evolving Contours of Insider Trading – http://t.co/0q5BCkt2 http://t.co/Vd8135kE # Get ready for plaintiffs' lawyer brawl over Libor class actions http://t.co/ERbZ3Wfm…

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Heavier SEC fines unlikely to dent fraud

The bill introduced by Sen. Jack Reed, D-R.I., and Sen. Charles Grassley, R-Iowa, that would give the SEC the power to levy heavier penalties for violating securities law is a step in the right direction. But the legislation is unlikely to substantially deter fraud in the financial services industry, because — like most criminals — people who break securities law…

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