Month: December 2009

The SEC has repeatedly discussed the dozens of investigations it has underway regarding the market crisis. Reportedly, a significant amount of Commission resources are being invested in these inquiries, as indicated by the remarks of Commissioner Walter, discussed here, and …

ANOTHER SUBPRIME MARKET CRISIS CASE – WHERE ARE THE OTHERS? Read More »

The Second Circuit concluded that a putative class action brought by Electronic Trading Group, LLC on behalf of short sellers against Bank of America Securities, LLC and other prime brokers was preempted. Specifically, the court held that the securities laws …

ANTITRUST SUIT BASED ON SHORT SELLING PREEMPTED Read More »