Month: October 2015

The SEC took the unusual step of citing the inadequacy of the books and records of the firm for “adversely impacting” its investigation and “causing unreasonably prolonged uncertainty concerning” the company’s historic accounting. The company was a major Florida real …

SEC Cites Firm’s Inadequate Books For Delaying Investigation Read More »

Tagged with: , , ,

A continuing focus of SEC enforcement is compliance by entities with their disclosed procedures. The Commission’s latest action in this regard resulted in the payment of nearly $6 million by a Credit Rating Agency that not only failed to comply …

SEC Sanctions Another Entity For Not Following Its Procedures Read More »

Tagged with: , , ,