Year: 2009

This Week In Securities Litigation (May 8, 2009)

This week, SEC Enforcement Director Robert Khuzami made his first appearance before Congress, providing testimony outlining the recent activities of the Division and providing a glimpse of things to come. The GAO released a report on SEC enforcement, reviewing the

Market Professionals, Insider Trading And Credit Default Swaps

The SEC brought another market crisis cases earlier this week, SEC v. Rorech, Civil Action No. 09 CV 4329 (S.D.N.Y. Filed May 5, 2009). This action is based on an insider trading claim against two market professionals for trading in