SEC Charges Former ProQuest Executive in an Accounting Fraud Scheme That It Says Cost the Company $437 Million in Market Capitalization (July 22, 2008).
SEC Staff Releases New Compliance Alert Letter and Warns Compliance Officers About Deficiencies and Weaknesses Found During Recent Compliance Examinations (July 22, 2008).
FDIC Issues New Rules Requiring 160 of Largest Banks To Adopt New Procedures Allowing Banking Regulators To Settle Existing Accounts in the Event of a Bank Failure to Avoid "System-Wide Failure" (July 18, 2008).
SEC Issues Dramatic Emergency Order to Curb Naked Short-Selling in Stocks of Fannie Mae, Freddie Mac and 17 Financial Firms Including Lehman Brothers, Merrill Lynch, Morgan Stanley and Goldman Sachs (July 16, 2008).
Treasury Secretary and Fed Chairman Testify Before House Financial Services Committee Hearing on "Systemic Risk and the Financial Markets" as Overhaul of Financial Regulation "Gains Momentum" (July 11, 2008).
U.S. Senate Confirms Three SEC Commissioner Nominees: Elisse Walter, Sr. E.V.P. of FINRA, Luis Aguilar, Atlanta Securities Attorney, and Prof. Troy Paredes of Washington University Law School (June 30, 2008).