Month: April 2007

Enforcement Chief Linda Thomsen, in an April address before the Mutual fund Directors Forum, called for a spirit of cooperation between independent directors at mutual funds and the SEC, citing a speech by the First Chairman of the SEC, Joseph Kennedy.  …

The SEC Defines Cooperation to Obtain Non-Prosecution: In a Word, Waiver. Read More »

Last Friday, the Washington Post ran a story by Carrie Johnson outlining a new SEC settlement policy for cases involving a corporate penalty.  Under the proposed policy the Enforcement Division staff would have to obtain Commission approval before negotiating a …

The New SEC Settlement Procedures Re: Corporate Penalties: Will Anyone Listen or Protect the Shareholders? Read More »