Month: September 2016

Following a restatement of its financial statements, many firms are investigated by the SEC and later named in an enforcement action. For Weatherford International PLC, three was the charm – following its third restatement in two years the firm was …

Three Restatements Conclude with SEC Enforcement Action Read More »

Tagged with: ,

The Commission has brought a series of cases under Exchange Act Section 15(c)(3) and Rule 15c3-5, its market access rule. That rule requires that broker-dealers with market access establish risk management controls to prevent the entry of erroneous orders and …

Merrill Lynch Settles SEC Market Access Charges Read More »

Tagged with: ,