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Securities And Exchange Commission

Hot Seat

Financial Markets

Angry JP Morgan Shareholders Seek To Strip Jamie Dimon Of Chairmanship

JP Morgan faces an angry shareholder revolt this week as investors attempt to strip boss Jamie Dimon of the chairmanship of the banking giant.

Hedge Fund

Financial Markets

Hedge Fund Billionaire Philip Falcone Agrees Two-Year Ban With SEC

A once high-flying hedge fund billionaire, who made a fortune betting against the housing market, has agreed to an $18m settlement with US regulators that will effectively bar him from the financial services industry.

Golf Tee

Financial Markets

KPMG Partner's Stock Tips Earned Golf Buddy $1m

US authorities have charged a former KPMG partner with insider dealing after he admitted giving his golfing buddy share tips in exchange for cash, jewellery and $25,000 worth of concert tickets.

Featured Deal For CHICAGO

Two Water Park Passes at Vernon Hills Park District Family Aquatic Center

Sand, lounge chairs, and crystal clear water make the beach a great getaway -- but add a lazy river and three water slides, and you've got something even better: • $12 ($24 value) for two passes to the aquatics center • Leisure pools have lap lanes for serious swimmers and waterfalls for kids • Valid from May 25 to September 2 Perfect for All Ages Chill out in the 700-foot lazy river, or go for a dip in the leisure pool -- the sprays and jets are certain to drop your temperature and raise your spirits.

Click here for more deals in CHICAGO

Wicked Witch Of The West

Financial Markets

SAC Capital Insider Trading Charges: Is A Cursed Picasso Painting To Blame ?

Steve Cohen has been trying to buy Picasso's Le Reve for six years. Two weeks ago it emerged his dream had finally come true.

Capsules

Financial Markets

US Hedge Fund SAC Pays Record Fine To Settle Insider Trading Allegations

A US hedge fund has paid a record $600m (£397m) fine to settle claims that it traded on insider information about a dud Alzheimer's drug.

Barak Obama Thumb Up

Financial Markets

Mob Prosecutor Mary Jo White Nominated to Lead SEC

The woman who prosecuted Mafia boss John Gotti is about to take over the policing of Wall Street.

SEC Logo

People & Firms

Paul Beswick Named SEC Chief Accountant

Securities and Exchange Commission Chairman Elisse Walter has announced the appointment of Paul A. Beswick as the agency's Chief Accountant. Beswick has been serving as Acting Chief Accountant for the past several months.

SEC Logo

People & Firms

SEC Announce Appointment Of Acting Director For Division of Corporation Finance

Securities and Exchange Commission Chairman Elisse B. Walter has named Lona Nallengara as Acting Director of the Division of Corporation Finance.

Finger On Mouth

Financial Markets

Hewlett-Packard Must Clarify Autonomy Claims, Says Ex-SEC Adviser

Hewlett-Packard could be forced into a full disclosure this month of the accounting improprieties it claims to have unearthed at Autonomy, the Cambridge software firm whose value it has slashed in half following a £6.2bn acquisition last year.

Gavel

Financial Markets

BofA Sued, JPMorgan Order, SEC Staffer Seeks $20m, Wells Fargo Warned

Bank of America has been sued by investors over $261.2m worth of residential mortgage-backed securities.

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