Banker Fined $100,000 in Political Scheme WASHINGTON (CN) – Former Goldman Sachs investment banker Neil M.M. Morrison was fined $100,000 for his role in a pay-to-play scheme involving secret campaign contributions to former Massachusetts Treasurer Timothy Cahill’s campaign for governor,… Read More ›
SEC
Securities arbitration lawyers cannot access regulatory records on the oversight of the Financial Industry Regulatory Authority, a federal judge ruled
SEC Doesn’t Have to Give Lawyer Group the Goods By WILLIAM DOTINGA WASHINGTON (CN) – Securities arbitration lawyers cannot access regulatory records on the oversight of the Financial Industry Regulatory Authority, a federal judge ruled. The Public… Read More ›
Making Millions Is Easy if You Cheat, SEC Says
LOS ANGELES (CN) – An L.A.-area investment adviser cherry-picked trades to scoop up $2 million for himself, while losing $4.4 million for his customers, the SEC claims in court. The SEC sued Aletheia Research and Management… Read More ›
Former Top Official Files Scorching Complaint Against SEC : Claims “Cover up” of Catastrophic Security Breach of the SEC
By IULIA FILIP WASHINGTON (CN) – A former assistant inspector general claims the SEC fired and defamed him for reporting misconduct by SEC officers and exposing potential security breaches at the agency. David P. Weber sued the U.S. Securities and… Read More ›
Exclusive: SEC left computers vulnerable to cyber attacks – sources
By Sarah N. LynchPosted 2012/11/08 at 8:55 pm EST WASHINGTON, Nov. 8, 2012 (Reuters) — Staffers at the U.S. Securities and Exchange Commission failed to encrypt some of their computers containing highly sensitive information from stock exchanges, leaving the data… Read More ›
Revealed: How Facebook ‘gave officials inflated estimates of the number of its users’ just a week before disastrous IPO
U.S. Securities and Exchange Commission had to fight Facebook on 92 queries it had regarding plans for its May 2012 IPO which it filed on February 1st Correspondence between the SEC and Facebook show that Facebook was unable or unwilling… Read More ›
Engineering Evil 