SEC
North America
When former New York State Comptroller Alan Hevesi pleaded guilty to his part in a pay-to-play scandal, he became the highest ranking scalp taken by state attorney general Andrew Cuomo's investigation into the use of placement agents. Chris Panteli looks...
09 November 2010
•
US
US - The Securities and Exchange Commission has postponed implementing rules giving shareholders a bigger say in board make-up while a court of appeals reviews a lawsuit trying to block the regulations.
05 October 2010
•
Investment
US - The catalyst for the "flash crash" on 6 May was a single trade by an institutional investor who sold $4.1bn of index futures, according to a new report released by US regulators.
04 October 2010
•
US
US - The Council of Institutional Investors (CII) has pledged its support to the SEC's new proxy access rules, which are to be challenged in court by US businesses.
30 September 2010
•
US
US - Citigroup has agreed to pay $75m to settle charges brought by the Securities and Exchange Commission claiming the firm misrepresented its exposure to sub-prime assets to investors.
30 July 2010
•
US
US - Investment banking giant Goldman Sachs will pay a record US$550m fine to settle the SEC's fraud probe into mortgage-backed securities.
16 July 2010
•
North America
US - The Securities and Exchange Commission has proposed new rules around the marketing and advertising of target date funds meant to prevent investors from being ‘misled' when deciding to invest.
17 June 2010
•
North America
US/UK - Financial legislation pending in the US threatens to overwhelm, emasculate, and undermine independence of the Securities & Exchange Commission, according to the watchdog's former chairman.
15 June 2010
•
Investment
The US Securities and Exchange Commission has accused a former Schroders Investment Management North America portfolio manager of using confidential information to encourage his family members to offload their shares in funds he managed.
14 May 2010
•
North America
US - The Securities and Exchange Commission has accused a former Schroders Investment Management North America (SIMNA) portfolio manager of using confidential information to encourage his family members to offload their shares in a fund he managed.
14 May 2010
•
