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securities and exchange commission

FILE -- Commuters exit a PATH train station at the World Trade Center site. (credit: Getty Images)

Report: SEC Launches Probe Into Port Authority Financial Books

Yet another agency is taking a closer look at the financial books of the Port Authority of New York and New Jersey, according to a published report.

06/12/2014

Empire State Building (credit: Spencer Platt/Getty Images)

Empire State Building Investors Approve Plan To Offer IPO

According to a Securities and Exchange Commission filing, enough shareholders approved a plan to turn the company into a publicly traded real estate investment trust.

05/29/2013

Bernie Madoff (file/credit: Stephen Chernin/Getty Images)

Court Rejects Lawsuit Filed By Madoff Victims Against SEC

The appeals court said the Securities and Exchange Commission’s actions and “regrettable inaction” are shielded by rules protecting government employees from lawsuits when they carry out a discretionary function or duty.

04/10/2013

New York U.S. Attorney Mary Jo White speaks in New York City following guilty verdicts in the trial of four followers of terrorist Osama bin Laden that bombed two US embassies in East Africa that killed 224 and injured thousands - May 29, 2001 (credit: DOUG KANTER/AFP/Getty Images)

President Obama Nominating Former NY US Attorney Mary Jo White For SEC

White spent nearly a decade as the U.S. attorney in Manhattan, building a reputation as a tough prosecutor with an expertise in pursuing white collar crimes and complex securities and financial fraud cases.

01/24/2013

Credit Suisse Logo (file / credit: FABRICE COFFRINI/AFP/Getty Images)

Two Plead Guilty In Sub-Prime Mortgage Probe

Two former Credit Suisse traders pleaded guilty to conspiracy and signed cooperation agreements Wednesday in a long-running probe of the federal sub-prime mortgage securities market that was expected to result in more arrests.

02/01/2012

Citigroup Center - New York, NY (file / credit: Chris Hondros/Getty Images)

NYC Judge Rejects SEC-Citigroup Settlement

A federal judge in New York has struck down a $285 million settlement that Citigroup reached with the Securities and Exchange Commission, citing a need for truth about the financial markets.

11/28/2011

Nevin Shapiro To Be Sentenced In $880M Ponzi Scheme

Nevin Shapiro, once known for his sports philanthropy, pleaded guilty in September in New Jersey federal court to one count of securities fraud and one count of money laundering. The plea was part of an agreement that still has him facing up to 17 years in prison.

06/07/2011

Goldman Sachs headquarters building in New York (credit: Chris Hondros/Getty Images)

Goldman Plans To Change Reporting Practices

Among the most significant of 39 changes suggested in a report released Tuesday, the New York investment bank said it will start disclosing how much revenue its trading desk generates.

01/11/2011

Can money buy happiness?

Man Pleads Guilty In NJ In $880M Fraud Case

A Florida man known for his sports-related philanthropy pleaded guilty Wednesday to running a multistate Ponzi scheme that prosecutors say left investors with up to $100 million in losses.

09/15/2010

Can money buy happiness?

Plea Hearing Set For Defendant In $880M Fraud Case

A Florida man accused of running a $880 million Ponzi scheme that authorities say paid for lavish spending sprees and sports philanthropy may have reached a deal with federal prosecutors.

08/23/2010

New Jersey Statehouse - Trenton, NJ - File Photo

You May Be Paying For Pension Fraud In New Jersey

The state of New Jersey has settled federal civil fraud charges of failing to inform bond investors that it had not met obligations to its largest pension plans.

08/19/2010