SEC Chairman Mary Schapiro testified on capitol hill this week, telling lawmakers that the agency needs a budget increase over last year. During her testimony the Chairman detailed additional staff needed by each division. The SEC had a good week …

THIS WEEK IN SECURITIES LITIGATION (May 6, 2011) Read More »

UBS Financial Services, Inc. settled a bid rigging action with the SEC related to the investment of municipal bond proceeds. SEC v. UBS Financial services Inc., Civil Action No. 11-CV-2885 (D.N.J. May 4, 2011). This is the Commission’s second recent …

UBS SETTLES MUNY BID RIGGING CHARGES Read More »