Month: April 2009

There is increasing sentiment in Congress to provide additional funds for SEC enforcement. Not only did the administration propose an increased budget for the Commission, but now a new bill has been introduced in the Senate calling for the Commission …

This Week In Securities Litigation (April 24, 2009) Read More »

In what may be a harbinger of things to come, the Commission filed a settled administrative proceeding against an investment advisor and its principal. Respondents were charged with failing to adequately analyze, in accord with their representations, investments recommended to …

Failing To Conduct Due Diligence — An Investment Adviser Is Sanctioned Read More »