Year: 2008

This Week In Securities Litigation (October 3, 2008)

This week the market crisis continued. The Senate passed legislation to try and cure the crisis. The SEC called for additional regulatory authority and extended its emergency orders regarding short selling. Yet, the Commission’s inspector general issued a report which

The SEC May Get New Authority Over Fair Value Accounting

As the market crisis continues, Congress went back to work with the Senate passing the Emergency Economic Stabilization Act. At its, core the bill is essentially the one which the House failed to pass earlier in the week – with