The U.S. Securities and Exchange Commission announced Monday that Linda Chatman Thomsen, Director of the Division of Enforcement, plans to return to the private sector.During Thomsen’s, the SEC brought more than 2,000 enforcement actions and returned billions of dollars to harmed investors.Among the many enforcement actions led by Thomsen were the Enron investigation and the […]
Scam generated over US$11.6 million in illegal profits, SEC alleges
Mary Schapiro was sworn in as the new chairwoman of the U.S. Securities and Exchange Commission on Tuesday, replacing Christopher Cox.Schapiro comes to the SEC from the Financial Industry Regulatory Authority, where she was CEO. The first woman to serve as the agency’s permanent chairman, she was appointed by new US president Barack Obama on […]
Big companies required to start using tags by mid-2009
FINRA CEO tapped to replace Cox
Regulator chief launches investigation
SEC alleges firm was a giant Ponzi scheme
Settlements will restore nearly US$30 billion in liquidity to investors
The U.S. Securities and Exchange Commission has settled with eight former employees of Fidelity Investments’ equity trading desk over allegations that they improperly received travel, entertainment, and gifts paid for by brokers courting business from Boston-based Fidelity, the SEC announced Thursday.As a result of the settlements, the former employees will collectively pay more than US$1 […]
Amendments intended to increase transparency and accountability