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Fast forward again. Mary Jo White, the former U.S. Attorney for the Southern District of New York, becomes the first former prosecutor and litigator to chair the Commission. She knows the Commission’s reputation is improving, but she also knows it has not fully recovered. So what does she say? Let’s look. Because her words are […]
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Papers filed in federal court and bankruptcy court in New York list 193 Madoff investors who are opting out of settlements that are part of the $2.6 billion the bank has agreed to pay for failing to catch and expose Mr. Madoff’s scheme. via Some Madoff Investors Shun J.P. Morgan Settlement – WSJ.com
Get caught up with the Securities Docket News Wire for January 30, 2014.
There is an awful lot of weight on David Boies‘s shoulders in the U.S. Supreme Court case known as Halliburton v. Erica P.John Fund. The renowned litigator and his partners at Boies, Schiller & Flexner represent the EPJ Fund, but in a larger sense, they represent everyone who invests in shares listed on U.S. exchanges. If Boies […]
Just nine months after joining the Promontory Financial Group, a consulting firm that straddles the worlds of Wall Street and Washington, [Mary] Schapiro is planning to leave her full-time role there. Ms. Schapiro, a managing director and chairwoman of the governance and markets practice at Promontory, will instead become the vice chairwoman of the firm’s […]