Georgiou convicted of fraud in U.S. court
U.S. regulator approves statement on global accounting standards
SIFMA unconvinced rule will benefit investors
U.S. court enters judgment against Suman, Rahman; pair fined US$3million
Proxy rules amended to offer “e-proxy” flexibility
Firm faces lawsuit from N.Y. attorney general over Merrill Lynch merger
Regulator alleges firm misled investors about subprime investments
Efforts between the two agencies are increasing in oversight of credit rating agencies and hedge fund advisors
Rules will help reduce risks for investors
Measures are part of “significant reorganization” of SEC’s enforcement division