Firm failed to maintain risk adjusted capital at a level greater than zero
IQON must pay a fine and $100,000 and costs of $7,500
BISYS agrees to pay US$25 million in disgorgement and prejudgment interest although it neither denies or admits the SEC’s allegations
Credit Suisse banker illegally gave non-public information to a person believed to be a Pakistani banker
Rankin was charged with 10 counts of tipping and 10 counts of illegal trading
Focusing on outcomes rather than processes is the best way to ensure that regulation works, it says
Convergence would reduce overlap and promote efficiency, among others
Discussion focused on developments in international and U.S. accounting standards
The commission is seeking to beef up its enforcement abilities and its efforts to protect retail investors
Fund manager is given until Oct. 1 to terminate funds, offer new ones under exemptions