The Refco saga continued yesterday as Phillip R. Bennett, the former CEO of the company, settled with the SEC. The Commission initially filed a complaint in February of this year alleging that Mr. Bennett orchestrated a fraud that concealed millions…

The SEC continued its campaign against insider trading, filing two additional settled insider trading cases on Tuesday. The first named Lou L. Pai, the former Chairman and Chief Executive Officer of Enron Financial Services, as a defendant. According to the…