Month: August 2018

The Commission filed actions this week keyed to the use of financial models and controls. One group of cases centered on the Transamerica Companies. There untested, error ridden financial models were deployed. In another Moody’s was sanctioned for failing to …

This Week In Securities Litigation (Week ending August 31, 2018) Read More »

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The Commission’s focus on retail investors met with the public’s fascination with all things high tech in the agency’s newest action involving four affiliates of the Transamerica firm. Those entities were involved with nine different products and strategies created by …

Untested, Error Ridden Models Yield $97 Million SEC Settlement Read More »

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