Oppenheimer Can’t Pull Deutsche Bank into Arbitration Since Latter Isn’t FINRA Member, Court Rules

Broker-Dealer Oppenheimer & Co. (OPY) cannot compel Deutsche Bank AG (DB) to participate in arbitration over US Airway’s (LCC) purchase of now illiquid auction rate securities…

SEC Enforcement Division Mulling Publication of Benefits from Cooperation

The Securities and Exchange Commission’s Enforcement Division is mulling possible ways in which to publish the results of benefits received by individuals and…

Lehman Report May Create Litigation Exposure for Former Officers, Auditor, Attorneys Say

Allegations contained in a comprehensive report concerning the September 2008 bankruptcy of Lehman Brothers Holdings Inc. may expose…

SEC Loses Key Appellate Case Against Fund Distributor Executives

In a closely watched case, the full U.S. Court of Appeals for the First Circuit March 10 ruled that the Securities and Exchange Commission cannot…

Senator Dodd Presses Ahead on Financial Overhaul Proposal Without Republicans

After months of on-again and off-again negotiations with Republicans, Senate Banking Committee Chairman Chris Dodd (D-Conn.) March 11 announced plans to…

ANALYSIS: SEC’s Top Ten Enforcement Developments of 2009

This article highlights significant developments during 2009 in the enforcement program of the U.S. Securities and Exchange Commission (“SEC”). Developments were selected because they may signal future trends or establish new legal standards…

« Previous Page