Lipshutz, former Enron vp, simultaneously settles charges
Awards three new contracts aimed at creating real-time interactive search tool
Regulator says firms charged advisory fees based on methods that did not comply with the rules
Alleges promoters fraudulently raised US$2.2 million
SEC also files unsettled civil injunctive action against several former Prudential registered reps
Many funds plan to retain compliance practices
Regulator pushes back initial compliance date
But U.S. regulator is moving forward on new proposals, including a new anti-fraud rule
Stewart also agrees to five-year ban from serving as a director of a public company
SEC, CESR joint plan will be implemented immediately