Tag Archives: SEC

Turning whistleblowing to your advantage

championship-whistle_645x400

The Dodd-Frank whistleblower program is picking up steam – and that doesn’t have to be a bad thing. According to SEC.gov, since its inception in 2011, the Securities and Exchange Commission (SEC) has awarded $85 million to 32 tipsters. A … Continue reading →

The CEO pay ratio: Time for a first look?

king-pawn-pay_645x400

Will it be a snore to which no one pays attention or a bombshell that shakes the foundations of corporate America? Either way, the CEO pay ratio seems certain to cause at least some discomfort in the board rooms of … Continue reading →

A Perfect D&O Storm

spreadsheet-arrows

Economic headwinds, individual accountability and disruptive change, like forces of nature, are converging in a way that could change the game for directors & officers (D&O) risk. Continue reading →

Marking the Close – Old Fraud by New Means

trader computer

The US Security and Exchange Commission (SEC) recently fined a high-frequency trading firm a cool $1 million to settle charges that the firm had used their sophisticated algorithmic trading system to “mark the close” or “bang the close.” “Marking the … Continue reading →

Has the SEC Made Orange the New Black for Corporate Officers?

prison jumpsuit

If you are the chief compliance officer today of a hedge fund, the title of this blog may only bring thoughts of prison jump suits replacing classic business dress, as opposed to Netflix’s new hit series.  Unfortunately for CCO’s, many … Continue reading →

Rakoff Overturned – But May Have “Won” Anyway

Rakoff decision vacated

A judge rejects an SEC settlement and the world was never the same. Three years ago, Judge Rakoff of the Federal District Court in Manhattan rejected Citigroup’s $285 million settlement with the SEC for fraud charges surrounding the issuance of … Continue reading →

SEC Uses Infographic and Deferred Prosecution Agreement to Bring Insider Traders to Justice

SEC infographic: Insider Trading in Advance of eBay’s Acquisition of GSI Commerce

Insider trading has the attention of the U.S. Securities and Exchange Commission (SEC), as their litigation record proves, but a related settlement announced last week included a couple of firsts. Continue reading →

High-Frequency Whistle Blowing

Speed trader

The FBI has made an unusual public plea for help rooting out possible securities violations by high-frequency traders.  The FBI doesn’t usually go asking for such help from the financial community.  So what’s changed?   Well, three things have changed to … Continue reading →

5 Key Themes from the SEC’s Cybersecurity Roundtable

SEC Cyber Security

On March 26th, the U.S. Securities and Exchange Commission hosted a day-long roundtable to discuss cybersecurity and the ensuing issues and challenges for the securities markets and public companies. Continue reading →

Cyber Vulnerabilities of Tech and Telecom Companies— as Reported to the SEC

Cyber abstract (blue)

It is virtually impossible to do business today without using technology and telecommunications, both directly and indirectly, in the delivery and payment of goods and services.  “Critical infrastructure” is what the federal government labeled this sector. Continue reading →