Tag: Cooperation

SEC Launches Enforcement Cooperation Initiative for Municipal Issuers and Underwriters — SEC Press Release

The Securities and Exchange Commission today announced a new cooperation initiative out of its Enforcement Division to encourage issuers and underwriters of municipal securities to self-report certain violations of the federal securities laws rather than wait for their violations to be detected. via SEC Launches Enforcement Cooperation Initiative for Municipal Issuers and Underwriters  — SEC Press Release

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Two Cooperating Witnesses Avoid Prison in Insider Probe – WSJ

Federal prosecutors had alleged that Mark Anthony Longoria, a former Advanced Micro Devices Inc. supply-chain manager, and Walter Shimoon, a former executive at a unit of Flextronics International Inc.,  provided inside information to clients of California expert-network firm Primary Global Research. The men were each secretly paid as consultants by clients of the firm, receiving hundreds of dollars per each…

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