Tag Archives: SEC

Where is the SEC headed on CEO pay ratio and other compensation-related issues?

As companies continue to hope the CEO pay ratio disclosure effective date for 2018 proxies will be delayed by the Securities and Exchange Commission (SEC), here are the latest clues we have on the agency’s direction. First, the SEC recently … Continue reading →

Trump Administration and financial institutions: 3 things we know

Now that we are a couple of months into the Trump presidency it is important to take stock and determine how risk management at financial institutions will be impacted by the likely changes that appear on the horizon. General economic … Continue reading →

Disruptive change and animal spirits stoke D&O risk

After escalating D&O risk in 2016, buyers will be looking for a reprieve in 2017. They may be disappointed. Continue reading →

Turning whistleblowing to your advantage

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?

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

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 →