WASHINGTON, Feb 1- A panel of small business experts on Friday urged U.S. securities regulators to encourage the creation of a new exchange to list smaller companies to make it easier for them to enter the public market. The recommendation by the Advisory Committee on Small and Emerging Companies to the Securities and Exchange Commission is not binding.
Pfizer's animal health business Zoetis has raised about $2.2 billion in its initial public offering of 86.1 million shares, and the stock is expected to begin trading Friday. The New York company priced the IPO at $26 per share, which is $1 above the top end of the range it estimated in filings with the Securities and Exchange Commission.
George Canellos is currently deputy director of the SEC's enforcement division. During his four-year tenure, Khuzami led the SEC's efforts to penalize the largest U.S. banks for actions that helped trigger the 2008 financial crisis. Canellos was appointed by Elisse Walter, who has been interim SEC chairman since Mary Schapiro resigned in December.
*9th Circuit says SEC had not waived immunity. *Investors said SEC gave Madoff "implied stamp of approval". The 9th U.S. Circuit Court of Appeals in Pasadena, California said a federal district judge correctly dismissed their lawsuit seeking to hold the SEC responsible under the Federal Tort Claims Act.
The SEC has offered the job of inspector general to Capitol Police Inspector General Carl W. Hoecker, two people familiar with the matter told Reuters. Both Hoecker and an SEC spokesman declined to comment.
WASHINGTON, Jan 25- The U.S. Securities and Exchange Commission has selected a criminal investigator as the agency's new top internal watchdog, a hire that comes just one day after President Barack Obama tapped a former criminal prosecutor to chair the SEC.
WASHINGTON, Jan 25- The U.S. Securities and Exchange Commission has selected Capitol Police Inspector General Carl Hoecker to serve as the new internal watchdog for the agency, two people familiar with the matter told Reuters.
*In recent private practice, White represented Wall Street. WASHINGTON, Jan 24- The White House on Thursday nominated former federal prosecutor Mary Jo White to head the Securities and Exchange Commission, selecting a hard-nosed enforcer who also has experience defending Wall Street figures.
*In recent private practice, represented Wall Street. WASHINGTON, Jan 24- President Barack Obama on Thursday nominated former federal prosecutor Mary Jo White to head the Securities and Exchange Commission, picking a tough enforcement hand who more recently has defended Wall Street figures.
WASHINGTON, Jan 24- President Barack Obama on Thursday nominated former U.S. federal prosecutor Mary Jo White to head the Securities and Exchange Commission, signaling a desire for tough oversight of Wall Street.
*SEC to decide by March 29, instead of Jan. 28. NEW YORK, Jan 24- U.S. securities regulators will delay, by another two months, a ruling on Nasdaq OMX Group's $62- million plan to compensate firms that suffered losses during Facebook's botched initial public offering in May.
WASHINGTON, Jan 24- President Barack Obama will nominate former federal prosecutor Mary Jo White to head the Securities and Exchange Commission, a White House source said, restoring the agency's power to work on its overhaul of Wall Street.
WASHINGTON, Jan 24- President Barack Obama will nominate later on Thursday former U.S. Attorney Mary Jo White to head the U.S. Securities and Exchange Commission, a White House source said. A personnel announcement is expected to come at 2:30 p.m. EST, a separate White House statement said.