Year: 2008

This Week In Securities Litigation (September 26, 2008)

The market crisis continued to dominate Commission actions and the news last week, as it began to spin off litigation. The Commission brought actions against fund advisors, two financial fraud cases and an insider trading action. There was also a

The Market Crisis, Short Sale Rules And Two Enforcement Cases

Hearings on the current market crisis and the proposed bail-out package continued yesterday. During the hearings, additional questions were raised about the Commission’s emergency short sale rules and the old up-tick rule. At the same time, the Commission’s staff clarified

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