‘Enforcement 40’ for 2020
Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInSEC Hammers CBOE for Lacking ‘Fundamental Understanding’ of Abusive Short Selling – Compliance Week
The SEC charged the CBOE today with failing to adequately enforce Regulation SHO because CBOE staff never received any formal training and lacked a “fundamental understanding” of the rule. via SEC Hammers CBOE for Lacking ‘Fundamental Understanding’ of Abusive Short Selling – Compliance Week
SEC’s White Defends ‘No Admission’ Settlements, But Says Policy Under Review – Compliance Week
In a letter yesterday to Sen. Elizabeth Warren SEC Chairman Mary Jo White stated that while she believes the SEC’s “neither-admit-nor-deny” settlement policy provides public accountability, it is under “active review.” via SEC’s White Defends ‘No Admission’ Settlements, But Says Policy Under Review – Compliance Week
Fannie Mae Shareholders Challenge U.S. Takeover in Suit – Bloomberg
Fannie Mae and Freddie Mac shareholders sued the U.S., alleging that the 2008 takeover of the housing lending giants was illegal and cost investors billions of dollars. The takeover of the mortgage companies by the Federal Housing Finance Agency, “while beneficial to the economic welfare of the nation, destroyed the value of Fannie Mae’s and […]
What Is A Board’s Responsibility For Compliance? — FCPA Professor
The publicity and costs to Wal-Mart have been well documented. On his FCPA Professor website, Professor Koehler has consistently stated that he views this scandal as largely a failure of corporate governance. In a post entitled, “Wal-Mart One Year Later” he said, “corporate governance, or lack thereof, is what made the NY Times April 2012 remarkable. […]
Securities Docket News Wire for June 10, 2013
Get caught up with the Securities Docket News Wire for June 10, 2013.