Securities and Exchange Commission

Former SEC chairman speaks out on corporate practices

By Alex Vorro | May 10, 2012

Arthur Levitt thinks corporate executives can do a better job. The former Securities and Exchange Commission chairman opined yesterday that public companies should prevent top executives from borrowing against their equity stakes.
FINRA announces new chief legal officer

By Cathleen Flahardy | May 9, 2012

The Financial Industry Regulatory Authority (FINRA) has named Robert L. D. Colby as its new chief legal officer.
Father-daughter duo settles with the SEC over insider trading allegations

By Julie Beck | May 8, 2012

Here’s a note to all the fathers out there: Insider trading does not equal family fun.
SEC names new deputy director of enforcement

By Alanna Byrne | May 1, 2012

The Securities and Exchange Commission (SEC) announced Monday that it has named George Canellos as its new deputy enforcement director, effective June 4.
Judge denies Goldman’s motion to dismiss Abacus fraud claims

By Ashley Post | April 25, 2012

The New York State Supreme Court has denied Goldman Sachs Group Inc.’s motion to dismiss fraud claims related to the bank’s infamous Abacus deal.
Keynote roundup: SuperConference day 2

By Julie Beck | April 24, 2012

The second day of SuperConference kicked off with a keynote panel on how general counsel can shape government policy.
Facts & Figures: 5 sets of newsworthy data

By Alanna Byrne | April 13, 2012

An inside look at the numbers that count
UBS escapes tax evader’s $1.7 billion lawsuit

By Alex Vorro | April 11, 2012

Lying to the IRS typically isn’t the best way to ingratiate oneself with the federal government and its employees. Therefore, it should come as little shock that Judge Andrew Guilford of the U.S. District Court in Santa Ana, Calif., yesterday ruled in favor of Swiss bank UBS AG in a...
Regulatory: How to play by the pay-to-play rules

By Ronald Jacobs, Scott Gluck | April 11, 2012

It used to be that personal political activity was personal, as long as it did not involve company resources, and corporate political activity was corporate.
SEC settles case with fraudulent entrepreneur

By Cathleen Flahardy | April 10, 2012

The Securities and Exchange Commission (SEC) said it has settled its suit against an entrepreneur who raised millions of dollars by making false claims about his businesses to investors.