Year: 2009

This Week In Securities Litigation (February 20, 2009)

New SEC Chairman Mary Schapiro continued to assemble her team this week, naming a new enforcement director. Nevertheless, controversy and scandal continued to follow the Commission’s enforcement program. The SEC filed three significant cases this week. One is a settled

UBS Settles With DOJ And SEC, Ending Its Cross Border Tax Driven Business

The SEC filed a settled civil injunctive action yesterday against financial giant UBS. The SEC action alleges violations of Section 15(a) of the Exchange Act and Section 203(a) of the Investment Advisers Act for respectively, acting as an unregistered broker-dealer