Tag: Primary liability

The Commission obtained a partial victory in a late trading and market timing case against Pentagon Capital Management Plc and its Chief Executive Officer, Lewis Chester. SEC v. Pentagon Capital Management Plc., Case No. 1:08-cv-03324 (S.D.N.Y. Filed April 3, 2008). …

ANOTHER SPLIT DECISION FOR THE SEC Read More »

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The narrow focus of Janus Capital Group, Inc. v. First derivative Traders, 131 S.Ct. 2296 (2011) may have a significant impact in private damage actions and SEC enforcement cases. Focusing on the word “make” in the second clause of Rule …

THE IMPACT OF JANUS: A LOSS FOR THE COMMISSION Read More »

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