Steven Fagell rejoined Covington & Burling on Sept. 1 as a partner in the firm's Washington, D.C., office following a 20-month spell at the U.S. Department of Justice.
The Securities and Exchange Commission has brought a civil action against two former officials with Milwaukee, Wis.-based Koss Corporation relating to an alleged accounting fraud and embezzlement.
The American Securitization Forum has raised concerns over Securities and Exchange Commission plans to require asset-backed securities issuers to make modeling programs available to investors.
Richard Jon May, the former group v.p. of finance, tax counsel and treasurer of Centerpulse USA, has settled Securities and Exchange Commission charges related to his alleged involvement in an improper overstatement of the company's income.
Brian Breheny, deputy director for legal and regulatory policy in the Securities and Exchange Commission's Division of Corporation Finance, was slated to leave the agency Sept. 3 to join Skadden, Arps, Slate, Meagher & Flom as a partner.
Deloitte Financial Advisory Services has hired Alan Sorcher as the leader of the firm's Anti-Money Laundering Strategic Leadership Group. Sorcher, who started Aug. 23, is a senior manager based in Washington, D.C
CFA Institute is worried that reforms of the asset-backed securities market will swamp investors with information.
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.