Tag Archives: SEC

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 →

The SEC’s New World of “Vigorous Enforcement”

Tough Cop

It pays to listen when regulators signal their intentions. Back in October we addressed some of the new focus and arsenal that the U.S. Securities and Exchange Commission (SEC) announced, but it’s been a few months, and it’s a new … Continue reading →

5 Financial News Stories You May Have Missed: FIRREA Fires Back

5 Financial News Stories

This week: FIRREA , Liquidity Coverage Ratio, Basel III, Bitcoin, Elizabeth Warren, SEC, FDIC, Fannie Mae, Freddie Mac, and more. Continue reading →

Proposed Crowdfunding Rules Come to Town


It seems like just yesterday, but actually it’s been almost a year and a half since we looked at the opportunities and challenges of crowdfunding under the JOBS Act. Now, the U.S. Securities and Exchange Commission (SEC) has come back … Continue reading →

SEC as Beat Cop, Enforcing “Our Federal Securities Laws, Big and Small…”

Cop on beat

We recently wrote about some new enforcement principals and strategies of the U.S. Securities and Exchange Commission. But it may have escaped notice that the SEC is apparently not going to focus on potentially significant violations in terms of size … Continue reading →

The Government is Closed – What That Means for the SEC

The impact of the government shutdown on investigations and litigation involving corporate defendants and their executives will be particularly hard felt in certain areas. Continue reading →