Month: November 2010

The SEC approved new rules proposed by the exchanges and FINRA to ensure that market makers make real, meaningful quotes. In September the SEC proposed rules governing short term borrowings to address what many call “window dressing.” The proposals are …

ARE MORE RULES NECESSARY? Read More »

The Commission is again asking the Supreme Court to adopt an expansive reading of Exchange Act Section 10(b). The argument is in its amicus curiae brief filed in Janus Capital Group., Inc. v. First Derivative Traders, No. 09-525 (S.Ct.) in …

SEC ASKS THE HIGH COURT FOR EXPANSIVE READING OF SECTION 10(b) Read More »