The Securities and Exchange Commission has announced that Michael F. Maloney has been named the new chief accountant in the SEC’s Division of Enforcement.
The U.S. Securities and Exchange Commission (SEC) is a federal agency. It holds primary responsibility for enforcing the federal securities laws and regulating the securities industry, the nation's stock and options exchanges, and other electronic securities markets in the United States. The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
A New York money manager who once worked with personal finance guru Suze Orman has settled charges with the Securities and Exchange Commission that he allegedly misled investors about his success through 140-character tweets and an email newsletter to 60,000 subscribers.
The Securities and Exchange Commission has announced sanctions against a California-based investment adviser for concealing investor losses that resulted from a coding error and engaging in cross trading that favoured some clients over others.
Fabrice Tourre’s Wall Street career is over.
The Securities and Exchange Commission has announced that a former Oppenheimer & Co. portfolio manager has agreed to be barred from the securities industry and pay a $100,000 penalty for making misrepresentations about the valuation of a fund consisting of other private equity funds.
Securities and Exchange Commission attorneys are reviewing the stock holdings of about 3,400 employees after some New York staffers were found to own securities prohibited by ethics rules.
The Securities and Exchange Commission charged aluminum giant Alcoa on Thursday with violating the Foreign Corrupt Practices Act.
Fabrice Tourre, the former Goldman Sachs VP who was found liable for defrauding investors over a failed mortgage transaction, has failed to persuade a federal judge to dismiss the case or give him a new trial.
The Securities and Exchange Commission announced that Michael J. Osnato, Jr. has been named chief of the Enforcement Division unit that conducts investigations into complex financial instruments.