Subscribe
‘Enforcement 40’ for 2020
Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInSEC employee illegally traded for himself, mom and friend — CNNMoney
On Tuesday, the government agency charged one of its own with securities fraud, claiming he made illegal trades in violation of ethics rules. David Humphrey, 60, worked at the Securities and Exchange Commission between 1998 and 2014 and allegedly used his work computer to carry out trades for himself and on behalf of his mother […]
What will enforcement look like in the Trump era? | Financial Planning
As for the recent pronouncements of senior staff regarding new enforcement priorities and initiatives like the investigate-to-litigate program, Singer cautioned that the new political leadership could very quickly snuff out those. “I think that the SEC is sort of living in a fantasy world. I don’t think they understand that the tsunami hasn’t hit them […]
Senator Warren aide said to be in running for SEC job: sources | Reuters
Bharat R. Ramamurti, a legislative aide for Democratic Senator Elizabeth Warren, is a contender for one of the vacancies on the U.S. Securities and Exchange Commission, according to people familiar with the matter. *** Other names that are in the mix include Vermont Law School professor Jennifer Taub, the AFL-CIO’s office of investment director Heather […]
‘Bat phone’ central to new trial request for Las Vegas gambler Walters – AP
Lawyers for a Las Vegas gambler linked to golfer Phil Mickelson are seeking a superhero’s help in getting the gambler’s insider trading conviction reversed, saying in court papers Friday a so-called “bat phone” the government said was used to communicate stock secrets was really used to secure prostitutes for the prosecution’s star witness. via ‘Bat […]
Securities Class Action Activity Remains High: Cornerstone Research
U.S. Securities and Exchange Commission (SEC) enforcement activity remained elevated through the first half of fiscal year 2017, according to Cornerstone Research. The data show an increase in actions involving broker-dealers, issuer reporting and disclosure, and securities offerings. via Securities Class Action Activity Remains High: Cornerstone Research
The Watchdogs Keeping Wall Street in Check – The New Yorker
Despite compliance’s reputation as a buzzkill profession, its status rose during the Obama Administration. Regulations implemented after the financial crisis created a need for internal watchdogs, as did the concern raised by prosecutions of banks and hedge funds for mortgage fraud, currency-market rigging, and insider trading. In 2014, the Wall Street Journal went so far […]