Year: 2015

Standard & Poor’s Ratings Services was named as a Respondent in three settled administrative proceedings by the SEC. Each is tied to the Rating Services’ role in the conduit/fusion Commercial Mortgage Backed Securities market after the market crisis. In resolving …

Standard & Poor’s Resolves Three SEC Actions, Makes Admissions Read More »

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In U.S. v. Newman, Nos. 13-1837-cr, 13-1917, 2014 WL 6911278 (2nd Cir. Decided Dec. 10, 2014) the Second Circuit handed prosecutors perhaps the only defeat they have suffered in recent years in an insider trading cases. After noting that not …

Personal Benefit Test Does Not Apply To Misappropriation Theory of Insider Trading — USAO Read More »

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