Virginia company solicited investors in B.C. and U.S. Pacific Northwest
Agreement builds on existing regulatory framework for information exchange
Regulators must figure out how to protect investors and in an environment where capital and fraudsters are completely mobile
New full-text search tool for EDGAR filings
Firm failed to disclose use of fund assets to pay for marketing and distribution costs
The U.S. Securities and Exchange Commission yesterday gave unanimous final approval to changes to its “best price” rule concerning tender offers. The “best price” rule requires that all shareholders are paid the same price in a tender offer. The changes, which were made necessary by conflicting court interpretations, make clear that compensation for services that […]
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