James Gansman, a former Ernst & Young partner, and Donna Murdoch, a broker, have settled an insider trading case brought by the Securities and Exchange Commission.
The Ontario Securities Commission spent more time dealing with adjudicative matters last year but was able to process cases more speedily.
A lesser-known provision of the Dodd-Frank Act could leave operating subsidiaries of national banks facing an extra dose of anti-money laundering regulation, according to Daniel Stipano, deputy chief counsel of the Office of the Comptroller of the Currency.
The Securities and Exchange Commission's staff is looking for input on its continuing consideration of switching U.S. issuers to using international accounting standards.
Kevin Schott, the former CFO of Zoltek Companies, has agreed to settle a Securities and Exchange Commission complaint alleging that he violated the internal controls, books and records and certification provisions of the Securities Exchange Act.
The Office of the Comptroller of the Currency has picked Karen Solomon as deputy chief counsel. Solomon will take over from Jeff Gillespie, who is due to retire later this year.
William Carson Arnold has settled a Securities and Exchange Commission administrative proceeding over his alleged role in what the agency claims were fraudulent securities offerings.
Navistar International Corporation and a number of current and former company officials have reached a global settlement with the Securities and Exchange Commission.
Officials with the Pennsylvania Securities Commission have issued a warning to investors that crooks will move quickly to adapt to the Dodd-Frank Act reforms, and that there is a danger of "mutations of old schemes and themes."
The Securities and Exchange Commission has reached a proposed settlement with Joe Summers, Pride International's former Venezuela country manager, over alleged violations relating to bribes paid to foreign officials.
The Public Company Accounting Oversight Board is considering options for underlining a provision under Sarbanes-Oxley Act that authorizes the Board to impose sanctions on accounting firms and their supervisory personnel for failing to reasonably supervise associated persons.
The Securities and Exchange Commission has hired Shira Pavis Minton as the Commission’s ethics counsel in the Office of the General Counsel. Minton will take over from William Lenox, who has taken an extended leave of absence while recovering from surgery.
Changes to the definition of an "accredited investor" for Regulation D offerings should cause only minor headaches for compliance officers, according to Ron Geffner, partner with Sadis & Goldberg.
Matthew Hardey, the former CFO of Newpark Resources, has settled Securities and Exchange Commission charges that he conspired to engage in an alleged fraudulent accounting scheme that allowed Newpark in fiscal year 2003 to avoid writing off roughly $4.2 million in aging debt.