3Vote!
Institutional Financial Derivatives (Free subscription) | 11/26/2009
... fraud after a rise in mortgage scams and Wall Street trading scandals. The SEC, headed by chairman Mary Schapiro, faces its own pressure to be more vigilant, after ignoring tips that could have led it to stop Bernard Madoff’s $65 billion fraud sooner. HARDER TO DETECT In April, the SEC said it had about 150 active hedge fund investigations and more than 50 probes involving credit...
5Vote!
Star Tribune (Free subscription) | 11/26/2009
... distribution plan in the Reserve Primary Fund case," Securities and Exchange Commission Chairman Mary Schapiro said in a statement. "It is estimated by the Reserve Fund that the amount to be returned would be 99 cents on the dollar, or more."The judge also said the court had no grounds to "claw back" money from investors who got full dollar-for-dollar redemptions after 8 a.m. on Sept....
3Vote!
Sify (Free subscription) | 11/26/2009
... distribution plan in the Reserve Primary Fund case," Securities and Exchange Commission Chairman Mary Schapiro said in a statement. "It is estimated by the Reserve Fund that the amount to be returned would be 99 cents on the dollar, or more."The SEC plan approved by the court eliminates shareholder claims on the fund's assets, which the SEC said numbered more than 30. An SEC complaint...
3Vote!
Sify (Free subscription) | 11/26/2009
... court's order adopting the SEC's distribution plan in the Reserve Primary Fund case," SEC Chairman Mary Schapiro said in a statement. "It is estimated by the Reserve Fund that the amount to be returned would be 99 cents on the dollar, or more."The SEC plan approved by the court eliminates shareholder claims on the fund's assets, which the SEC said numbered more than 30. An SEC complaint...
5Vote!
San Fransisco Chronicle (Free subscription) | 11/26/2009
... court's order adopting the SEC's distribution plan in the Reserve Primary Fund case," SEC Chairman Mary Schapiro said in a statement. "It is estimated by the Reserve Fund that the amount to be returned would be 99 cents on the dollar, or more."The SEC plan approved by the court eliminates shareholder claims on the fund's assets, which the SEC said numbered more than 30. An SEC complaint...
5Vote!
Seattle Post-Intelligencer (Free subscription) | 11/26/2009
... court's order adopting the SEC's distribution plan in the Reserve Primary Fund case," SEC Chairman Mary Schapiro said in a statement. "It is estimated by the Reserve Fund that the amount to be returned would be 99 cents on the dollar, or more."The SEC plan approved by the court eliminates shareholder claims on the fund's assets, which the SEC said numbered more than 30. An SEC complaint...
10Vote!
The Business Insider (Free subscription) | 11/24/2009
... because an investment in financial literacy can pay a lifetime of dividends,” SEC Chairman Mary Schapiro said. Unfortunately, this may just be wishful thinking. Lisa Fairfax at the Conglomerate blog dug up a 2008 study that shows that our efforts to invest in financial literacy have a grim rate of return. E leven years ago the Jump$tart program began measuring financial literacy...
