Thomas Curran, Peckar and Abramson, discusses raised questions about SEC employee stock trades.» Read More
Two funds are leading a charge to overturn the rules that require them to file quarterly holdings information, maintaining that such disclosures are trade secrets.
Securities and Exchange Commission Chairman Christopher Cox said he has ordered the creation of a new office that will work full-time to return funds to investors harmed by stock fraud.
Apple's annual shareholder meeting was short on news, but long on drama with several investors grilling the Apple directors who did show up with questions about the stock options backdating scandal.Apple's entire directors' slate was re-elected, as expected. None of the shareholder resolutions passed, as expected.The fireworks and interesting nuggets came during the shareholder question-and-answer session.This is the first paragraph/short story.
Thursday of this week will be an unusual day for the world of tech. Both Apple and Google will each hold their annual shareholders meetings within ten miles and a few hours of each other. Tech's top two names will speak directly to their shareholders, yet the meetings may have decidedly different tones.
U.S. regulators accused a husband and wife in Hong Kong of insider trading stemming from their purchases of Dow Jones shares prior to News Corp.'s $5 billion takeover bid.
The U.S. Securities and Exchange Commission on Thursday charged a Wall Street investment banker with leaking confidential information about pending merger agreements, including a deal involving Texas utility giant TXU Corp.
Beazer Homes USA said the U.S. SEC is conducting an informal inquiry to determine if the company or its employees had violated securities laws.
A.G. Edwards agreed to pay $3.86 million to settle charges that the firm failed to supervise brokers engaged in market timing of mutual funds, the U.S. Securities and Exchange Commission said.
So, as expected, Bristol-Myers Squibb posted its SEC filing with the employment terms for new CEO Jim Cornelius last Friday evening. On a conference call with reporters on Thursday, The New York Times' Stephanie Saul asked Chairman Jim Robinson if the drug company would continue paying $25,000 a month for Cornelius' Manhattan pad. He responded by saying that the terms of his employment would be disclosed in the SEC filing the following day but added, "I think you'll be pleased."
Robert Grady, managing director at the Carlyle Group, told CNBC’s “Morning Call” that Sarbanes-Oxley imposes unreasonable costs on small companies that may delay their decision to go public. But David Ruder, professor of law at Northwestern University and former SEC chairman, disagreed. “I think the internal control provisions under Section 404 are absolutely crucial to the management of and honesty of our businesses,” Ruder said.
The U.S. Securities and Exchange Commission and the U.S. Department of Justice have summoned the chief executive of French energy giant Total to explain the group's activities in Iran, a French newspaper said on Tuesday.
Shares of the world's second-largest personal computer maker were slightly lower on Friday following the disclosure that an internal audit of its accounting found evidence of misconduct, errors and deficiencies in its financial controls.
The world's second-largest personal computer maker said it is working with its auditors and management to determine whether restatements of past financial statements are needed, and to see if the control deficiencies "constitute a material weakness" in its internal control over financial reporting.
The U.S. Securities and Exchange Commission said on Wednesday that it charged two former in-house lawyers at Enron with securities fraud.
Federal regulators censured accounting firm Ernst & Young and ordered it to pay $1.6 million to settle charges of compromising its independence and contributing to faulty accounting by a client in 2001.
Stockman was the former chairman and CEO of Michigan-based Collins & Aikman, which makes auto parts. He served as budget director under President Reagan.
Billionaire investor Carl Icahn is urging Motorola shareholders to vote him onto the company's board at its May 7 shareholder meeting, according to a proxy filed with the Securities and Exchange Commission on Friday.
Subprime shakeout: New Century Financial had its NYSE trading suspended on Tuesday, facing delisting and an SEC accounting probe. Everyone suddenly seems to agree that the high-risk mortgage sector is in flux. Two analysts joined "Closing Bell" to talk about the current environment -- and what they see happening in the near future.
Wall Street may be losing its competitive edge to foreign markets because of increased government regulation, according to some business groups and legal experts.
Wall Street is losing its competitive edge to foreign markets because of an increasingly tough regulatory environment, legal experts told CNBC's "Power Lunch."