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Securities and Exchange Commission News

News on Securities and Exchange Commission continually updated from thousands of sources around the net.

3 hrs ago | Houston Home-Journal

Proto Labs IPO nearing the finish line

On Feb. 1, Proto Labs filed what could be the last update to its offering documents with the Securities and Exchange Commission.

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Related Topix: Corporate / Securities Law, Law

7 hrs ago | Star Tribune

Tougher rules on money market funds a good idea

The Wall Street Journal, Businessweek, and other major business publications are reporting that the Securities and Exchange Commission is poised to propose new rules for shoring up the $2.7 trillion money market mutual fund industry.

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Related Topix: Corporate / Securities Law, Law, Mutual Funds, Personal Finance

12 hrs ago | New Age

Pending SEC lawsuits increase by 24 per cent

The number of pending cases lodged by or against the Securities and Exchange Commission has increased by 24 per cent in a year.

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Related Topix: Corporate / Securities Law, The General, Country, Social Software

16 hrs ago | Maine Today

Auburn Bancorp, Inc. Announces Deregistration with Securities and Exchange Commission...

FOR IMMEDIATE RELEASE: Date: February 10, 2012 Contact: Allen T. Sterling President and Chief Executive Officer 782-0400 On January 17, 2012 - Auburn Bancorp, Inc.

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Related Topix: Corporate / Securities Law, Law, Auburn, ME

20 hrs ago | TheStreet.com

Biotech Stock Mailbag: Corcept Therapeutics, Reader Retorts

Corcept is seeking FDA approval for Korlym as a treatment for Cushing's Syndrome, a rare condition in which a tumor on an adrenal gland like the pituitary causes excess production of the hormone ACTH.

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Related Topix: Corporate / Securities Law, Law

Fri Feb 10, 2012

Palo Alto Weekly

Insider trading: Hedge fund manager arrested

The manager of a Menlo Park-based hedge fund was charged with alleged insider trading Friday, Feb.

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Related Topix: Corporate / Securities Law, Law, WebMD

Star-Telegram.com

Dallas Mavericks owner Cuban questioned in Securities and Exchange Commission inquiry

Mark Cuban, the billionaire owner of the Dallas Mavericks basketball team, appeared at the U.S. Securities and Exchange Commission on Friday morning for daylong questioning related to the agency's insider-trading lawsuit against him.

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Related Topix: Corporate / Securities Law, Law, Mark Cuban, US Securities and Exchange Commission, Financial Services

Sys-Con Media

TranSwitch Corporation Announces At-The-Market Issuance Program

TranSwitch Corporation , a leading provider of semiconductor solutions for the converging voice, data and video network, today announced that it has filed a prospectus supplement to sell up to an aggregate of $10,000,000 of its common stock through an "at-the-market" offering.

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Related Topix: TranSwitch, Corporate / Securities Law, Law, CPU, Science / Technology, Computers

Forbes.com

Securities and Exchange Commission Issues 5 Page Report Announcing 1 Word Change

I can't even begin to imagine where to start with this - or how to convey my mixture of outrage, which is tempered by how hilariously idiotic I find the whole situation.

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Related Topix: Corporate / Securities Law, Law, Personal Finance, Mortgage, Foreclosures

TheStreet.com

Diamond Foods Choked on Pringles

Diamond Foods may have pushed too hard on its finances to cut the $2.35 billion acquisition - was paid in stock and the assumption of debt in April of last year -- and now may not even close as a result of the uproar.

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Related Topix: Corporate / Securities Law, Law, Economics News, Bankruptcy, Business News

CNN

Broken budget process hurts Wall Street reform

But there won't be any cheering in the boardrooms and hallways of the Securities and Exchange Commission and the Commodity Futures Trading Commission.

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Related Topix: Corporate / Securities Law, Law, US News, US Politics, Scott Garrett, Republican, US House of Representatives, Bernie Madoff

Thu Feb 09, 2012

WTAQ-AM Green Bay

Rep. Bachus faces insider trading probe: re...

The chairman of the House Financial Services Committee, Spencer Bachus, which oversees the U.S. banking and financial services industries, is under investigation for possible violation of insider trading laws, The Washington Post reported on Thursday.

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Related Topix: US Politics, US News, Republican, US House of Representatives, Spencer Bachus, Corporate / Securities Law, Law

Business Journal

Exelixis to sell 10M shares to pay for R&D, other expenses

The South San Francisco-based company , which has centered its drug-development efforts around the cancer-fighting drug cabozantinib, said in a Securities and Exchange Commission filing Thursday that it will use net proceeds from the offering for research and development, capital expenditures, working capital and other purposes.

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Related Topix: Startups, Exelixis, Corporate / Securities Law, Law

BusinessWeek

The Ultimate Guide to Facebook's IPO

Facebook executives have fallen silent. Having filed paperwork on Feb. 1 with the Securities and Exchange Commission to raise $5 billion in an initial public offering, the social network site is now in a "quiet period" where federal rules limit what company executives can say in public.

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Related Topix: Social Software, Startups, Facebook, Corporate / Securities Law, Law, Davis Polk and Wardwell

Patch.com

School Board Member Charged With Making $15 Million In Illegal Short Sales

After the Securities and Exchange Commission charged a member of the District 225 school board with making $15 million from the illegal short selling of stocks , the Northbrook resident has hired Bernie Madoff's former lawyer.

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Related Topix: Corporate / Securities Law, Law, Financial Markets, Bernie Madoff, Northbrook, IL

Digital Game Developer

Oracle Buys Taleo

Oracle today announced that it has entered into an agreement to acquire Taleo Corporation , a leading provider of cloud-based talent management for $46.00 per share or approximately $1.9 billion, net of Taleo's cash and debt.

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Related Topix: Startups, Taleo, Oracle Corporation, Corporate / Securities Law, Law

The Times of India

Zuckerberg cannot build 'another' Facebook

WASHINGTON: Facebook founder and CEO Mark Zuckerberg , along with his three top leutinants, will get about $2 million in just salaries and bonuses, but cannot work on creating a rival to the social networking giant.

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Related Topix: Social Software, Startups, Facebook, Mark Zuckerberg, Corporate / Securities Law, Law

The Raw Story

Cantor slammed for 'neutering' the STOCK Act

House Majority Leader Eric Cantor faced criticism on Wednesday for introducing a version of the STOCK Act which many said had severely weakened the legislation.

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Related Topix: US Politics, Eric Cantor, US News, Republican, US House of Representatives, Corporate / Securities Law, Law

Wed Feb 08, 2012

Mashable

New Facebook Filings Reveal Details of its Relationship With Zynga

Facebook just amended its S-1 filings with the Securities and Exchange Commission and the documents offer deeper insight into Facebook's relationship with Zynga .

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Related Topix: Startups, Facebook, Corporate / Securities Law, Law

Reuters

The criminal probe of Sheldon Adelson's casino empire

Las Vegas Sands Chairman and CEO Sheldon Adelson waves as he arrives for Sands China's annual general meeting in Hong Kong June 7, 2011.

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Related Topix: Prison, Las Vegas Sands, Gaming, US Politics, US News, Barack Obama, Corporate / Securities Law, Law

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