Month: May 2009

The SEC brought another market crisis cases earlier this week, SEC v. Rorech, Civil Action No. 09 CV 4329 (S.D.N.Y. Filed May 5, 2009). This action is based on an insider trading claim against two market professionals for trading in …

Market Professionals, Insider Trading And Credit Default Swaps Read More »

In SEC v. Reserve Management Company, Inc., Case No. 09 CV 4346 (S.D.N.Y. Filed May 5, 2009), the Commission brought an enforcement action the principals The Reserve Primary Fund, the first money market fund to “break the buck.” In this …

The SEC Sues The Principals Of The Reserve Primary Fund Read More »