Isobel Markham

June 20, 2014 | The American Lawyer

The Securities and Exchange Commission has sent subpoenas to the House Ways and Means Committee and top congressional health care aide Brian Sutter as part of its long-running investigation into whether congressional staff provided tips to Wall Street traders on a change in health care policy.

By Isobel Markham

2 minute read

June 20, 2014 | The American Lawyer

The Securities and Exchange Commission has named Cicely LaMothe as an associate director in the agency's Division of Corporation Finance.

By Isobel Markham

2 minute read

June 19, 2014 | The American Lawyer

Kenneth Bentsen Jr., president and chief executive of the Securities Industry and Financial Markets Association is warning investors that they are likely to be saddled with the costs of managing the large and ever-increasing volumes of data required for regulatory reporting, Investment News reports.

By Isobel Markham

2 minute read

June 19, 2014 | The American Lawyer

The Securities and Exchange Commission is investigating a deal between Carrington Holding Company and New Century Financial seven years after the deal was made, the New York Times reports.

By Isobel Markham

2 minute read

June 19, 2014 | The American Lawyer

The Securities and Exchange Commission has sanctioned Thomas Meade, the former president and chief compliance officer of Private Capital Management Inc., for failing to stop an insider trading scheme involving one of his firm's employees, FCPA blog reports.

By Isobel Markham

2 minute read

June 18, 2014 | The American Lawyer

The government's crackdown on insider trading and the growing prevalence of high-profile cases have long pointed to the fact that big corporate mergers and acquisitions are often the target of illegal activity. However, a new study by three professors shows that the problem is much worse than it appears.

By Isobel Markham

3 minute read

June 18, 2014 | The American Lawyer

Financial Industry Regulatory Authority Chairman and Chief Executive Richard Ketchum says he is concerned that investors are taking out complex products that can sometimes come with high commissions in their search for higher yields, Reuters reports.

By Isobel Markham

2 minute read

June 18, 2014 | The American Lawyer

In a Senate hearing on Tuesday, several Wall Street executives voiced support for ending the "maker-taker" pricing model used by U.S. stock exchanges to attract liquidity, Reuters reports.

By Isobel Markham

2 minute read

June 17, 2014 | The American Lawyer

Hedge fund advisory firm Paradigm Capital Management and its owner Candace King Weir have agreed to pay $2.2 million to settle Securities and Exchange Commission charges that the firm allegedly made prohibited principal transactions and then retaliated against the employee who reported the violation.

By Isobel Markham

3 minute read

June 17, 2014 | The American Lawyer

The trial of Rengan Rajaratnam, the younger brother of convicted hedge fund manager Raj Rajaratnam, is due to start this week, Reuters reports.

By Isobel Markham

3 minute read