‘Golden parachute’ arrangements to face shareholder scrutiny
Computerized selling program set off two waves of ‘liquidity drains’
Investors misled about the riskiness and credit quality of ‘enhanced cash’ fund
Miszuk consents to US$75,000 penalty
U.S. regulator also clarifies process for breaking erroneous trades
Regulators must take more steps in response to May incident
Agencies must implement and follow appropriate internal controls and procedures governing their determination of credit ratings
Association asks SEC to provide a clear definition of any uniform standard of care
New rules require companies to include the nominees of significant, long-term shareholders
Spanish analysts booked profits of nearly US$1.1 million