‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn
You are browsing the site archives by date.
By Securities Docket on August 31, 2013, 10:21 am
Attention, American fraudsters! If you restrict your criminal activities to conduct outside of the United States, you’re safe from prosecution under U.S. laws. That’s not exactly how a three-judge panel of the 2nd Circuit Court of Appeals worded its decision Friday in U.S. v. Alberto Vilar and Gary Tanaka, but it’s the effective result of […]
By Securities Docket on August 31, 2013, 8:30 am
Get caught up with the Securities Docket News Wire for August 30, 2013.
By Securities Docket on August 30, 2013, 12:57 pm
In June 2013, the SEC announced that it had issued a whistleblower award to three whistleblowers in its Locust Offshore Management LLC case–but with no money at that time because the SEC had yet to collect anything. Today, the agency stated that it had awarded the three whistleblowers a total of $25,000, with another $100,000 […]
By Securities Docket on August 30, 2013, 8:43 am
China’s securities regulator imposed a record penalty on Everbright Securities Co. (601788) after finding the state-controlled broker engaged in insider trading as it roiled the nation’s equity markets with errant trades two weeks ago. Fines and the confiscation of illicit gains will total 523 million yuan ($85 million), the China Securities Regulatory Commission said in […]
By Securities Docket on August 30, 2013, 8:30 am
Get caught up with the Securities Docket News Wire for August 29, 2013.
By Securities Docket on August 30, 2013, 8:26 am
Why is this story important for the compliance practitioner? Because if you are charged with compliance, but are so incompetent that you cannot even investigate allegations laid down before you, you seriously need to get out of the compliance business…. The bottom line is that your compliance program must be credible. You must treat people […]
By Securities Docket on August 29, 2013, 11:22 am
Neil H. MacBride, the U.S. Attorney for the Eastern District of Virginia, announced last week that he will be stepping down next month. In June 2010, MacBride made news when his district launched a novel financial fraud Task Force that asserted jurisdiction over most securities fraud because the SEC’s EDGAR database is physically housed in […]
By Securities Docket on August 29, 2013, 9:21 am
With formal comments due to the PCAOB by December 11, and as the polite applause dies down, a cooler perspective should see this tinkering as no more a “game change” than raising the stakes from a penny to a nickel. That’s because the PCAOB is playing it small all the way. Board member Steven Harris […]
By Securities Docket on August 29, 2013, 8:30 am
Get caught up with the Securities Docket News Wire for August 28, 2013.