Daily Archives: August 21, 2013, 11:15 am

How Harbinger admissions to SEC will impact investors’ class action — On the Case

The agency’s policy change occasioned a lot of speculation about how admissions to the SEC would impact investor class actions, and how defendants and their lawyers might try to mitigate the harm. Now, however, we’ll get some actual answers. SEC lawyers obtained their first admission under the agency’s new policy on Monday, when the hedge fund Harbinger Capital and its…

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SEC Deals With Turnover at the Top – WSJ

Mary Jo White is the Securities and Exchange Commission’s third boss in nine months. And it is even harder to keep up with the rest of the turnover near the top of the nation’s securities-law enforcer. In barely the past year, four of the agency’s five divisional chiefs have stepped down, including the top SEC officials for trading and markets,…

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