Securities and Exchange Commission News

The auditors for Bernard Madoff have agreed not to contest charges brought by the Securities and Exchange Commission that they enabled fraud by the now-jailed Ponzi scheme investor.

An investigation by the Federal Bureau of Investigation [official website] allegedly revealed more than $20 million in illegal profits and led to criminal charges [charging documents] against hedge fund managers, analysts and lawyers involved in the scheme.

A top U.S. securities regulator said some funds may now view insider trading as a central tenet of their business models, rather than as a one-time opportunity for big rewards as sometimes happened in the 1980s.

Aspen Technology, Inc. , a leading provider of software and services to the process industries, today announced that it will release selected preliminary results for the first quarter of fiscal 2010, along with its financial results for fiscal 2009, on Monday, November 9, 2009.

Investigators expect more people to be charged in the Galleon hedge fund insider trading case, and they said they have cooperating witnesses to strengthen their case against the fund's billionaire founder, Raj Rajaratnam.

MaxLinear Inc., a maker of TV tuners, is planning to go public. The Carlsbad, Calif.-based company made an S-1 filing with the Securities and Exchange Commission for an initial public offering of its Class A common stock.

U.S. federal regulators have launched a fraud investigation into the state agency that runs Florida's $110 billion pension system and another fund hit by a 2007 depositors run, according to government documents.

The Florida agency that manages $132 billion in pension and local government investments is under investigation by the Securities and Exchange Commission.

Manhattan U.S. Attorney Charges 14 Defendants with More Than $20 Million in Insider Trading Charged Defendants Include Hedge Fund Managers, Trading Firm Executives, Lawyers, and Corporate Insiders; Five Already Have Pleaded Guilty To Insider Trading Charges PREET BHARARA, the United States Attorney for the Southern District of New York, and JOSEPH ...

A large institution was seen buying a large block of UUP call options yesterday just prior to today's ramp in shares on positive news.

Countrywide Financial Corp.'s former chief executive, Angelo Mozilo, must face a Securities and Exchange Commission lawsuit alleging he misled investors about the home lender's deteriorating finances.

The suit claimed Charles LeCroy and Douglas MacFaddin made unlawful payments to get business in connection with municipal bond offerings and swap agreement transactions with Jefferson County.

Federal prosecutors say criminal charges have been filed against 14 people, including attorneys and Wall Street professionals, in a widening $25 million insider trading case that has already snared one of the richest men in America.

Investment adviser Value Line Inc., its CEO and its former compliance chief have agreed to pay about $45 million to settle regulators' allegations the firm charged more than $24 million in bogus commissions on mutual fund trades.

The Securities and Exchange Commission on Wednesday fined a Barrington man $590,000 for his role in an alleged accounting scheme that led to an overstatement of his company's earnings over three years.

The House Financial Services Committee has voted to give federal regulators more power and money to police major players in the stock market.

Nov. 4 -- Former U.S. Securities and Exchange Commission Chairman Arthur Levitt talks with Bloomberg's Erik Schatzker and Deirdre Bolton about U.S. versus U.K. financial regulation.

In this Oct. 15, 2008 file photo, an exterior view of JPMorgan Chase offices is shown in San Francisco.

The top U.S. securities regulator on Wednesday called on Corporate America to upgrade its proxy voting practices to ensure shareholders a greater voice in governing the companies they own.

On Wednesday, October 21st, the Securities and Exchange Commission held an open meeting in Washington, DC to address what it perceives as a growing lack of market transparency with respect to non-displayed venues and the emergence of a "two-tiered" market structure in which in which the public is deprived of information and denied access to ...