The Securities and Exchange Commission today announced that it has proposed revised oil and gas company reporting requirements to help provide investors with a more accurate and useful picture of the oil and gas reserves that a company holds.
More: continued here
The Securities and Exchange Commission today announced a Fair Fund distribution totaling more than $5.6 million to 534 investors who were victims of a fraudulent pump-and-dump scheme involving the stock of tool maker Spear & Jackson, Inc.
More: continued here
The Securities and Exchange Commission has published for public comment a new rule proposal that would protect seniors and other investors from fraudulent and abusive practices in the sale of equity indexed annuities.
More: continued here
The Securities and Exchange Commission today published for public comment proposed rule amendments to increase the range of services foreign broker-dealers are allowed to offer in the United States. The proposed amendments also would maintain a regulatory structure designed to protect investors and the public interest.
More: continued here
Securities and Exchange Commission Chairman Christopher Cox today made the following statement after today’s U.S. Senate confirmation of three SEC Commissioner nominees…
More: continued here
The Securities and Exchange Commission today charged St. Louis-based broker-dealer Scottrade, Inc., for fraudulent misrepresentations it made to customers relating to the firm’s execution of their Nasdaq pre-open orders, which are placed after the day’s market close to be executed at the next market opening. Without admitting or denying the Commission’s findings, Scottrade agreed to pay a $950,000 penalty to settle the SEC’s charges.
More: continued here
Securities and Exchange Commission Chairman Christopher Cox today announced the kickoff of an ambitious effort to examine fundamental questions about the way the SEC acquires information from public companies, mutual funds, brokers, and other regulated entities, and the way it makes that information available to investors and the markets.
More: continued here
The Securities and Exchange Commission today announced the distribution of approximately $26.6 million to more than 250 investors in the Banc of America Securities LLC (BAS) settlement. In March 2007, BAS paid $26 million in disgorgement and penalties to settle SEC charges that the firm published false research on three companies and failed to safeguard its nonpublic research information.
More: continued here
The Securities and Exchange Commission announced today that it will host a roundtable on July 9, 2008, to facilitate an open discussion of the benefits and potential challenges associated with existing fair value accounting and auditing standards.
More: continued here
The Securities and Exchange Commission announced today that it has approved a one-year extension of the compliance date for smaller public companies to meet the Section 404(b) auditor attestation requirement of the Sarbanes-Oxley Act.
More: continued here
