Rules will help reduce risks for investors
Measures are part of “significant reorganization” of SEC’s enforcement division
Rule would require brokers to establish risk management controls, supervisory procedures
Review to determine whether interests of long-term investors are being served
Cherokee Gas Systems offering has rasied US$1.4 million from U.S. and Canadian investors
PwC’s di Florio hired as compliance chief
Rule changes will substantially increase protection for investors
Protecting retail investors should be regulator’s top priority, Shapiro says
Joint orders clarify respective jurisdictions
Additional arrests in Galleon case