Securities and Exchange Commission News

Last week's Supreme Court case has once again brought mutual fund fees to the national spotlight, but a decision by the court might not come for several months, if it comes at all.

Measures that would significantly boost funding for the Securities and Exchange Commission as well as give shareholders a say on executive pay are included in draft financial overhaul legislation in the Senate, a person familiar with the matter said Monday.

A former lawyer with the enforcement division of the Securities and Exchange Commission has pleaded guilty to conspiracy in a fraud carried out by a prominent Manhattan lawyer.

Atheros Communications Inc's Ali Hariri is the latest Silicon Valley executive to be charged in the largest hedge fund insider trading case in U.S. history.

Two top Florida Democrats want changes to the makeup of the board that oversees Florida's $130 billion investment portfolio now under scrutiny from the U.S. Securities and Exchange Commission.

As if they needed more stress, organizations are facing evolving and increasingly stringent compliance regulations from the Payment Card Industry, as well as Sarbanes-Oxley, HIPAA and others.

Two former senior executives with Merge Healthcare Inc. have agreed to settle charges with the U.S. Securities and Exchange Commission for their roles in an alleged accounting fraud that ultimately caused the company's stock price to drop by two-thirds during a seven-month period.

U.S. securities regulators are reviewing a proposed roadmap to move U.S. companies to international accounting rules, but are struggling with a lack of public consensus on how to get there, a Securities and Exchange Commission official said on Thursday.

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.