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...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...The court’s March decision Lorenzo v SEC effectively expanded liability for financial advisers and their staff, ruling that a person who knowingly distributes false statements — even if they did not actually...
...The 1984 case, formally known as “Chevron USA Inc v Natural Resources Defense Council Inc” formalised the legal doctrine that requires judges to defer to administrative agencies’ interpretation of federal...
...Not months.” - Zion President, Dustin Guinn #israel $zn — Zion Oil & Gas, Inc....
...A 2009 Supreme Court case involving prescription drug labels, Wyeth v Levine, greenlighted state laws that are stricter than federal laws....
...He warns investors to ensure the investment and its seller are registered with the SEC. Through the SEC’s website or Finra’s Brokercheck investors can verify the legitimacy of an adviser....
...Mr Cooperman has also said that the US Attorney in New Jersey’s investigation of him and his firm is on hold, “pending the Supreme Court’s decision in Salman v United States”....
...In the Salman case, the Supreme Court reaffirmed its 1983 ruling in Dirks v SEC, which held that when an insider gives trading information to a relative or friend, it is effectively the same as if the insider...
...After the plunge on October 27, 1997 that triggered the circuit breaker in the US market, the SEC conducted a thorough investigation into that day’s trading activities....
...In at least one case, SEC v....
...MacDonald thriller novel, 1996’s The Scarlet Ruse....
...Defence lawyers hinge their argument on a leading 1983 Supreme Court decision called Dirks v. SEC....
...(WSJ) The SEC “is seeking up to $750 million in sanctions from Texas entrepreneur Sam Wyly and the estate of his deceased brother, Charles Wyly....
...Defence lawyers argued a leading 1983 Supreme Court decision called Dirks v. SEC was the guiding principle....
...We wonder if they’re staying cool on SAC’s trading floor this afternoon… Click for the SEC’s order alleging that Steve Cohen “failed reasonably to supervise” two SAC traders involved in trading Elan and...
...Awkward (Financial Times) Moscow’s ‘political technologists’ specialise in creating pure spectacle (Financial Times) Sleaze v spin in Mexico’s race for reform (Financial Times) The SEC is turning into...
...that Citigroup selected some securities referenced in the portfolio, a collateralised debt obligation known as Class V Funding III, and had placed a bet against it....
...Exchange Commission sued Brian Stoker, a former director in Citigroup’s structured credit products group, last year alleging that he misled investors in a $1bn collateralised debt obligation called Class V...
...“While Citi has today resolved the SEC’s allegations that Citi should have disclosed its trading position and role in the asset selection process for the Class V CDO, there is no basis for the SEC to blame...
...The SEC alleged that Citi was negligent in failing to tell investors in a $1bn CDO – known as Class V Funding III – that the bank had helped to select $500m of mortgage assets that went into the security...
...According to the SEC’s complaints, the Class V III transaction closed on Feb. 28, 2007. One experienced CDO trader characterized the Class V III portfolio in an e-mail as “dogsh!...
...The talks with Citigroup and Credit Suisse concern Class V Funding III, a $1bn CDO....
...The case involves Class V Funding III, a deal constructed by Citi in 2007. Regulators have pursued a parallel settlement with Credit Suisse, the CDO’s collateral manager....
...Given Judge Rakoff’s termination of the SEC-Citi settlement earlier this week, it’s been a bad week for those wanting to see the back of financial crisis disputes but, ultimately, a good week for the US...
...Approximately one month after the ACA and IKB note purchases in April 2007, ABN AMRO N.V. (“ABN,” now owned by RBS) entered into a swap transaction referencing the ABACUS 2007-AC1 portfolio....
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