Daily Archives: August 31, 2017, 7:50 am

SEC Commissioners Rejected Settlement With ITT Tech CEO | HuffPost

The U.S. Securities and Exchange Commission has rejected a proposed settlement of the SEC’s lawsuit against two former executives of the collapsed for-profit college company ITT Educational Services. In a court filing on August 11, SEC lawyers told the Court that “the Commission will not approve the proposed settlements” with former ITT CEO Kevin Modany and the company’s ex-chief financial…

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SEC Inspector General Concludes Acting Chairman Piwowar’s Actions Were Lawful – Lexology

In an investigation conducted at the request of four Senators, the SEC Inspector General concluded “we do not find that Commissioner Piwowar’s actions as Acting Chairman violated any of the laws currently governing the SEC and our review identified no evidence that his actions could either undermine the SEC’s mission or potentially prove to be a waste of SEC staff…

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