The SEC and the New York Attorney General brought high profile actions in the on-going “pay to play” cases. The new and long-rumored actions, are against the so-called car czar. The Commission’s case settled. The NYAG’s did not. More guilty …

THIS WEEK IN SECURITIES LITIGATION (November 19, 2010) Read More »

Altering compliance records prior to their production for an examination and inadequate procedures to control the flow of nonpublic information became the predicate for sanctions against a broker dealer, an investment adviser and the chief compliance officer of both. In …

ALTERED RECORDS, LACK OF PROCEDURES YIELDS SANCTIONS Read More »