Corporate / Securities Law News

The Commodity Futures Trading Commission looks eager to move quickly to implement trading limits on commodity and energy futures, leaving opponents little time to argue that the agency is going too far, too fast.

CFTC Chairman Gary Gensler [official profile] said that the different regulatory treatment given to agriculture commodities, for which the CFTC sets position limits, and energy commodities, for which position limits are set by the exchanges, "deserves thoughtful review." The Commission is considering extending CFTC trade volume limits to energy ...

Cessna cancels its Citation Columbus business jet. The program would have brought more than 1,000 jobs to Wichita.

A A A' The Obama administration has sent Congress legislation designed to protect investors by bolstering the authority of the Securities and Exchange Commission.

The Securities and Exchange Commission today announced fraud charges and an asset freeze against a Highland Park-based hedge fund manager and his firm for facilitating a multi-billion dollar Ponzi scheme operated by Minnesota businessman Thomas Petters.

Ameriprise Financial Services Inc. on Friday agreed to pay more than $17 million to settle federal regulators' charges that it failed to disclose nearly $31 million received for selling certain investments to its brokerage customers.

U.S. Treasury Secretary Timothy Geithner is set to propose on Friday giving securities and futures regulators authority to police the over-the-counter derivatives market, according to a document obtained by Reuters.

The Securities and Exchange Commission has approved the incorporation of Smartmatic TIM Corp.

Mumbai :P FMCG major Marico today said one of its wholly-owned subsidiaries will raise 135 million taka through an Initial Public Offering in Bangladesh.

The recipients of billions of dollars in IOUs being issued by California soon may have a regulated market where they could sell them.

US regulators say they may clamp down on oil and gas price speculators by limiting the holdings of energy futures traders, including index and exchange-traded funds.

COLUMBIA a ' Federal regulators this week sued a former executive of Columbia-based UCI Medical Affiliates, manager of Doctors Care medical clinics, over the embezzlement of $2.97 million.

The official who has headed a key division at the Securities and Exchange Commission since its creation in 1995 is leaving the agency.

Here's the press release detailing the SEC boiler room charges against Sky Capital CEO Ross Mandell, COO Stephen Shea and four registered reps: FOR IMMEDIATE RELEASE 2009-152 Washington, D.C., July 8, 2009 a ' The Securities and Exchange Commission today charged New York-based broker-dealer Sky Capital LLC and six individuals involved in a ...

In a Saturday, July 4, 2009 file photo, heiress Paris Hilton, center, dances as she arrives to host a party in Beirut, Lebanon.

The regulator of U.S. commodity markets said on Tuesday his agency's weekly Commitments of Traders report will be revamped to include hedge fund positions for better transparency.

Reacting to the violent swings in oil prices in recent months, federal regulators announced on Tuesday that they were considering new restrictions on "speculative" traders in markets for oil, natural gas and other energy products.

LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that DENNIS MICHAEL NOURI, the former Chief Executive Officer and President of Smart Online, REZA ERIC NOURI, a former Smart Online employee and brother of the CEO, and stock broker ANTHONY MARTIN were found guilty today, after a three-week jury trial ...

R. Allen Stanford , who the U.S. accuses of leading a $7 billion securities fraud, told a federal judge the criminal case against him should be thrown out if he doesna t get access to money to pay his lawyers.

The Securities & Exchange Commission filed civil fraud charges Tuesday against three Dallas businessmen, alleging they orchestrated a $485 million Ponzi scheme through a company called Provident Royalties LLC.