Year: 2009

This Week In Securities Litigation (May 15, 2009)

Treasury Secretary Tim Geithner, along with the Chairman of the SEC and CFTC, announced a new plan this week to regulate OTC derivatives, calling on Congress to enact implementing legislation. The SEC concluded an insider trading trial with a loss,

Treasury Secretary Calls For New Regulation Over OTC Derivatives Administered By The SEC And CFTC

Treasury Secretary Tim Geithner sent a letter to Senate Majority Leader Harry Reid yesterday calling for a new regulatory framework for the over-the-counter derivatives market. Authority over those markets would, under the Secretary’s proposal, be shared by the SEC and