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Securities and Exchange Commission

New York Times Lulls Public into False Sense of Derivatives Security

Michael B. Laskoff | Posted 06.14.2009 | Business

Read More: New York Times, Derivatives, Timothy Geithner, S.E.C., Securities and Exchange Commission, Commodity Futures Trading Commission, Commodities-Futures-Modernization-Act-of-2000, Barney Frank, Business News
Michael B. Laskoff

Let's think of derivatives like plutonium and the financial system as a nuclear power plant. By all means, use the fuel but never, ever forget its awe-inspiring capacity to wreak destruction.

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Can We Please See Less Dick Cheney?

Joseph A. Palermo | Posted 06.11.2009 | Politics

Read More: Arlen Specter, Labor Department, Colin Powell, Chris Cox, Cheney, George W. Bush, Elain Chao, Cheney's Media Appearances, Dick Cheney, Dick, Former VP Dick Cheney, Richard Nixon, Bush Administration, Richard Bruce Cheney, Vice President Dick Cheney, Cheney on Face the Nation, Former Vice President Dick Cheney, VP Dick Cheney, Securities and Exchange Commission, Politics News
Joseph A. Palermo

Sometimes powerful people need to see the inside of a prison cell for a while to come to terms with the consequences of their actions. Richard Bruce Cheney is one of those people.

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SEC Disfunction: Why The Agency Is Broken

TPMMuckraker | Moe Tkacik | Posted 06.08.2009 | Business

Read More: Gao Report on Sec, Gao Sec, Disfunction Sec, Sec, Securities and Exchange Commission, Sec Disfunction, Government Accountability Office, Business News

The agency got more tips from FINRA -- the financial industry's self-regulator -- than it had the resources to pursue, it lost 11.5% of its lawyers si...

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SEC's Pay-to-Play Rules To Be Revisted, Schapiro Says

Bloomberg | Jesse Westbrook | Posted 05.22.2009 | Business

Read More: Andrew Cuomo, Cuomo Pay to Play, Pay to Play, Sec, Securities and Exchange Commission, Business News

April 21 (Bloomberg) -- The U.S. Securities and Exchange Commission is considering rules to restrict money managers from paying to win state business ...

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SEC Suing Church: Bought Cars, Jewels Clothes With Parishioners Money

courthousenews.com | ELIZABETH BANICKI  | Posted 05.16.2009 | Business

Read More: Sec Sues Queens Church, Jadis Investments, Sec Suing Queens Church, Sec, Securities and Exchange Commission, Sec Suing Church, Jadis Capital, Business News

(CN) - Seven leaders of a church in Queens, N.Y., defrauded elderly parishioners of more than $12 million by encouraging them to invest in hedge funds...

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KPMG Has A $1 Billion Problem At New Century

Francine McKenna | Posted 05.09.2009 | Politics

Read More: Subprime Mortgages, Liquidity, Washington Mutual, New Century Financial, Subprime Mortgage Crisis, Risk Management, Bear Stearns, Securities and Exchange Commission, Kpmg, Pcaob, Lehman Bros, Bailout Bandits, Politics News
Francine McKenna

KPMG is being sued for $1bn by the liquidators of New Century, the collapsed subprime lender, in the first big case against an auditor arising from th...

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Arthur Levitt Should Just Shut Up About AIG

Francine McKenna | Posted 04.24.2009 | Business

Read More: Pricewaterhousecoopers, Aig, Arthur Levitt, Carlyle Group, Bloomberg, Auditor, Executive Compenation, Sarbanes-Oxley Act, Sec, Iss, Subprime, Securities and Exchange Commission, New York Attorney General, Pwc, Rolling Stone, Taibbi, Business News
Francine McKenna

The esteemed Arthur Levitt Jr. was the longest tenured SEC Chairman (1993-2001). And now he's used as an expert on AIG and incentive compensation...That's for sure!

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Madoff Could Have Fleeced his Victims Legally

Gregg Easterbrook | Posted 04.13.2009 | Business

Read More: Bernard Madoff Funds, Securities-and-Exchange-Commission-Madoff, Hedge Funds, Ruth Madoff Funds, Ponzi Scheme, Bernard Madoff, Madoff Victims, Madoff Scandal, Securities and Exchange Commission, Madoff Ponzi Scheme, Madoff Jail, Business News
Gregg Easterbrook

Had most Madoff investors simply followed conventional financial theory about retirement, most would still have their money.

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SEC: Uptick Rule May Be Reinstated

AP | MARCY GORDON | Posted 04.11.2009 | Business

Read More: Sec Mary Schapiro, Uptick Rule Sec, Schapiro Sec, Mary Schapiro, Mary Schapiro Sec, Uptick Rule, Shorting Stock, Sec, Securities and Exchange Commission, Shorting the Market, Sec Uptick Rule, Shorting, Business News

WASHINGTON — Dramatic changes in the global economy may merit restoring a federal rule aimed at preventing a massive plunge in a stock price cau...

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Barney Frank: Uptick Rule Could Be Back Within A Month

Reuters | Posted 04.10.2009 | Business

Read More: Us-Rep-Barney-Frank, Uptick Rule, Sec, Uptick Rule Sec, Securities and Exchange Commission, Sec Uptick Rule, Barney Frank, Business News

WASHINGTON, March 10 (Reuters) - The head of the U.S. House Financial Services Committee said on Tuesday the Securities and Exchange Commission would ...

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Securities Firms Cheated Customers, Settle With SEC

New York Times | DIANA B. HENRIQUES | Posted 04.05.2009 | Business

Read More: Wall Street, Sec Settlement, 14 Wall Street Firms, Sec-Fraud, Fraud Sec, Sec, Securities and Exchange Commission, Wall Street Fraud, Business News

More than a dozen Wall Street trading firms systematically cheated their customers of millions of dollars by improperly slicing bits of profit from co...

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SEC Imposters On The Rise, Gov Warns

Huffington Post | Julie Satow | Posted 04.04.2009 | Business

Read More: Sec Warnings, Sec, Fraudulent Sec Officials, Sec Fraud, Sec Imposters, Securities and Exchange Commission, Fake Sec Officials, Securities and Exchange Commission Fraud, Business News

The Securities and Exchange Commission issued a warning this week for investors to be cautious of people representing themselves as agency officials. ...

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Is There a Posse Big Enough to Enforce Sheriff Obama's Will?

Phil Bronstein | Posted 04.04.2009 | Politics

Read More: Bailout, Securities and Exchange Commission, Budget, Phil Bronstein, Barack Obama, Politics, Economy, Politics News
Phil Bronstein

President Obama has essentially called for a new moral order. With the economic panic going on, getting a vice grip on our calamity and its perpetrators really is an issue of national security.

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Inside the Mini-Madoff Scam

Vicky Ward | Posted 04.02.2009 | Business

Read More: Fraud, Securities and Exchange Commission, Paul Greenwood, Business News
Vicky Ward

New York's latest financial criminal mastermind -- and remember, we now have one a day being unveiled -- is Paul Greenwood, 61, the bow-tied town governor of North Salem.

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SEC's Mary Schapiro Seeks To Beef Up Enforcement

New York Times | STEPHEN LABATON | Posted 03.26.2009 | Business

Read More: SEC Shapiro, Sec Enforcement, SEC Mary Shapiro, Schapiro Enforcement, SEC Schapiro, Securities and Exchange Commission, Mary Schapiro, SEC Revamp, Business News

WASHINGTON -- Less than a month after becoming the head of the Securities and Exchange Commission, Mary L. Schapiro is moving swiftly to reverse major...

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R. Allen Stanford Under Investigation By The SEC, FINRA, FBI

Huffington Post | Julie Satow | Posted 03.19.2009 | Business

Read More: R. Allen Stanford, Next Bernie Madoff, Allen Stanford, Allen Stanford Sec Investigation, Fbi, Stanford Investigation, Alan Stanford Investigation, Bernie Madoff, Allen Stanford SEC, Federal Bureau of Investigation, Allen Stanford Investigation, Stanford Sec, Madoff, Bernard Madoff, Securities and Exchange Commission, Alan Stanford, Business News

UPDATE: Investors from as far as Columbia are converging on Antigua to try and reclaim their funds from billionaire money manager R. Allen Stanford, a...

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SEC's Mary Schapiro: Enforcement Will Be Intensified

Posted 03.09.2009 | Business

Read More: Sec, SEC Penalties, SEC Fines, SEC Mary Shapiro, Securities and Exchange Commission Fines, Business Scandals, Securities and Exchange Commission Penalties, Securities and Exchange Commission, Video, Business News

The new head of the Securities and Exchange Commission, in her first public address as SEC chairman on Friday, said she would no longer require agency...

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SEC Lawyer Clams Up On Madoff Scandal, Cites Executive Privilege

Huffington Post | Julie Satow | Posted 03.07.2009 | Business

Read More: Sec, Harry Markopolos Madoff, Madoff, Bernard Madoff, Harry Markopolos, Securities and Exchange Commission, Markopolos, Wall Street, Bernie Madoff, Business News

Following the scorching Congressional testimony from whistleblower Harry Markopolos, who spent eight fruitless years trying to bring the Madoff scanda...

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Transparency, Justice and Clarity in the Economic Crisis

David Calhoun Mendelsohn | Posted 03.01.2009 | Business

Read More: JP Morgan Chase, Treasury Department, Money, Economy, Economic Crisis, Larry Summers, Fbi, Paul Volcker, 1990s, Recession, JP Morgan, Bush Administration, Irs, Brooksley E. Born, Banks, Timothy Geithner, Free Market, Securities and Exchange Commission, Treasury Secretary, China, Business News
David Calhoun Mendelsohn

Why are the banks not fulfilling their end of the understanding that if US taxpayers provide the blank check, they will open the liquidity tap so that the economy can operate?

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Chris Cox Resigns As SEC Chairman

AP | Posted 02.20.2009 | Business

Read More: Sec, Securities and Exchange Commission, Chris Cox SEC, Mary Schapiro, Chris Cox, Business News

WASHINGTON — The chairman of the Securities and Exchange Commission under outgoing President George W. Bush, Christopher Cox, resigned on Tuesda...

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Let's Hear From The Madoff Women

Vicky Ward | Posted 02.19.2009 | Business

Read More: Ponzi Scheme, Sylvia Madoff, Bernard Madoff, Frank Avellino, Securities and Exchange Commission, Business News
Vicky Ward

Do we really believe Ruth knew nothing of her husband's business? The couple spent an unusual amount of time together -- just the two of them.

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If Past Is Prologue, Mary Schapiro's Future Should Not Include the SEC

Dan Solin | Posted 02.13.2009 | Business

Read More: Finra, Investor's Rights, Securities, Economy, Mary Schapiro, Sec, Securities and Exchange Commission, Investors, Arbitration, Business News
Dan Solin

Mary Schapiro's advocacy for FINRA's flawed mandatory arbitration process - and her antipathy for investors' rights -- disqualifies her from confirmation as head of the SEC.

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Legislation Won't Prevent The Next Madoff: SEC Needs Talent, Technology & Collaboration (Not New Laws)

Marc Morgenstern | Posted 02.13.2009 | Business

Read More: Enron, Bernard Madoff, Securities and Exchange Commission, Bernie Madoff, Economic Reform, Politics, Regulations, Rules, Economy, Business, Business News
Marc Morgenstern

Despite political pressure, investor protection cannot come at the cost of impeding needed capital formation.

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SEC Rules Don't Go Far Enough

Neil Baron | Posted 02.13.2009 | Business

Read More: Economic Downturn, Stocks, Money, Stock Market, Economic Reform, Economy, Home Values, Economic Crisis, Credit Crisis, Subprime Mortage Crisis, Capitalism, Securities and Exchange Commission, Subprime Loans, Business News
Neil Baron

Credit ratings have an extraordinarily broad effect on our financial system -- witness their role in the subprime crisis.

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When it Comes to Bernie Madoff, Congress is More to Blame Than the SEC

Joanne Bamberger | Posted 02.09.2009 | Politics

Read More: Punditmom, Bernard Madoff, Congress, Securities and Exchange Commission, Bernie Madoff, Securities Fraud, Politics News
Joanne Bamberger

As Congress gets ready to point the finger at the SEC for falling down on the job, it had better get ready to own up to its share of the blame.

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