SEC Names Luisi Associate Director, Corporation Finance
The Securities and Exchange Commission announced Shelly Luisi was named as an associate director in the Division of Corporation Finance.
The Securities and Exchange Commission announced Shelly Luisi was named as an associate director in the Division of Corporation Finance.
The Wall Street Journal reported that J.P. Morgan Chase is expected to settle for more than $150 million with the Securities and Exchange Commission on an investment-steering case.
The SEC charged Computer Sciences and former executives with manipulating financial results and concealing significant problems about the company’s largest and most high-profile contract.
The SEC charged Deutsche with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the billions.
The SEC filed fraud charges against four officers of Wilmington Trust for intentionally understating past due bank loans during the financial crisis.
The SEC announced a series of federal securities law violations by S&P involving fraudulent misconduct in its ratings of certain commercial mortgage-backed securities.
The SEC charged Barclays Capital with failing to maintain an adequate internal compliance system to ensure the firm did not run afoul of any federal securities laws after its U.S. wealth management business acquired Lehman’s advisory business in September 2008.
The SEC announced accounting and disclosure fraud charges against Wilmington Trust for failing to report the true volume of its loans at least 90 days past due. The bank has agreed to pay $18.5 million to settle the charges.
The SEC announced it has adopted new requirements for credit rating agencies to enhance governance, protect against conflicts of interest and increase transparency.
The SEC charged a former bank executive and his friend with insider trading in advance of the bank’s acquisition of another financial institution.