securities and exchange commission
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.