OMAHA, Neb. — Warren Buffett’s company is defending its decision not to write down the value of its investments in Kraft Foods, US Bancorp and other stocks even though they were worth nearly $1.9 billion less at the end of 2009 ...
Read More »Report: Steven Rattner close to deal with SEC
NEW YORK CITY — The Securities and Exchange Commission could vote to settle a securities case with former Obama administration car czar Steven Rattner, according to published reports on Thursday.
Tagged with: New York State pension fund SEC securities
Read More »SEC: DioGuardi tied to firm sued for fraud
ALBANY — U.S. Senate candidate Joe DioGuardi had financial ties to a California business accused in federal court of defrauding investors by misappropriating millions of dollars, according to federal regulators.
Tagged with: candidate SEC U.S. Senate
Read More »SEC backs new rules on debt disclosure
WASHINGTON, D.C. — Federal regulators voted Friday to propose new rules that could make it harder for financial firms to disguise their level of debt. The Securities and Exchange Commission ...
Tagged with: federal regulators SEC
Read More »SEC settles fraud charges over muni-bond sales
WASHINGTON, D.C. — The state of New Jersey has settled federal civil fraud charges of failing to inform bond investors that it had not met obligations to its largest pension plans, federal regulators said Wednesday.
Tagged with: fraud charges investing SEC
Read More »Dell: SEC staff to recommend accounting settlement
ROUND ROCK, Texas (AP) — Computer maker Dell Inc. said Friday it’s getting closer to settling investigations by regulators into its accounting and the actions of CEO Michael Dell.
Tagged with: SEC
Read More »SEC reviewing company proxy process
WASHINGTON, D.C. (AP) — Federal regulators are reviewing the process by which company shareholders exercise their votes and said they may change the rules to make the system more transparent.
Tagged with: SEC Securities and Exchange Commission
Read More »SEC paying $755K to settle with fired lawyer
WASHINGTON, D.C. — The Securities and Exchange Commission is paying $755,000 to settle a lawsuit with a former staff lawyer who accused the agency of blocking his investigation of a prominent hedge fund.
Tagged with: hedge fund investigation SEC
Read More »SEC proposes uniform audit trail
WASHINGTON, D.C. — Federal regulators moved Wednesday toward requiring a uniform system for tracking all securities orders on U.S. exchanges, in hopes of making it easier to investigate market disruptions like the May 6 plunge.
Tagged with: Dow Jones SEC Securities and Exchange Commission
Read More »SEC widens net to stem insider-trading
When the U.S. Securities and Exchange Commission filed federal fraud charges against the powerful New York hedge fund Galleon Management and its billionaire owner, an SEC official seized the opportunity to issue a warning to those working in the industry.
Tagged with: hedge funds insider trading SEC warning
Read More »Goldman Sachs shares dip, analysts upbeat
NEW YORK CITY — Wall Street analysts maintained positive views Monday on Goldman Sachs Group Inc., even though the investment bank’s shares continued to take a hit because it faces civil fraud charges.
Tagged with: Goldman Sachs SEC shares Wall Street
Read More »Stocks dip on Goldman allegations
NEW YORK — Financial shares dragged the stock market lower Friday after federal regulators accused investment bank Goldman Sachs & Co. of fraud for some of its dealings during the mortgage meltdown.
Tagged with: fraud Goldman Sachs SEC stocks
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