Legal Matters, Sec
The Securities and Exchange commission is reopening an insider-trading case against Dallas Mavericks owner, occasional “Entourage” guest star and exceptionally tall billionaire Mark Cuban, The Wall Street Journal reports.
The Fifth Circuit Court of Appeals has said a lower court should once again take up a case in which the SEC Read More
Computer Era, Sec
Excitable technophobes and high-finance conspiracy theorists will be disappointed to find out that the May 6 “flash crash” was not caused by a shadowy collective of trader-terrorists bent on financial armageddon.
Instead, Gregg E. Berman, who’s heading up the Securities and Exchange Commission’s investigation into the crash, tells The New York Times that Read More
At the 410th meeting of the Economic Club of New York at the Sheraton on 811 7th Avenue this afternoon, Securities and Exchange Commission chairman Mary Schapiro discussed her agency’s scrutiny of the May 6 “Flash Crash,” what she hoped to do to prevent another Bernie Madoff from fleecing investors, and the delicate balance between Read More