the SEC

The SEC is now trying to regulate conflicts out of existence.

The SEC, with more than 70 years of experience, is the body most capable of identifying redundancies, inefficiencies and gaps.

The SEC, which seems to have been taken aback by the scale of the malfeasance, can hardly hold its head up high either.

"I would not be surprised to see the SEC take a look at a number of strategies and trading practices, " says Mr Tabb.

Regulators suspended the stock from trading in March, as the company failed to bring its filings to the SEC up to date.

The SEC official said the goal of any new rules would be to give shareholders a better sense of financial institutions' actual debt levels.

Many traders and others say the SEC's decision was one factor behind some shares' steep declines over the past two years.

A spokesman for Pearson said the company had 'no comment on the SEC announcement, but clearly we would co-operate with any investigation. '

The SEC also is considering relaxing a strict ban on private companies publicizing share issues, known as the 'general solicitation' ban.

But these pieties misrepresent the true nature of an investment bank just as surely as the SEC did.

After full consultation with the SEC, Nasdaq OMX was one of the last groups to offer flash orders.

One of the SEC's commissioners said the plan should only be waved through once it is clear that secure, independent funding is in place.

The SEC declined to comment on whether it was still pursuing the matter.

And while Paulson didn't get sued, because the SEC said he made no misrepresentations, he did make $1 billion on the deal.

The SEC is considering raising that limit, though it's unclear by how much.

The SEC did not charge any other individuals and said it did not plan to pursue further action against Apple itself.

The SEC, for instance, has been able to look at these credit rating companies to see what some of their actions. . .

Citigroup's Gerspach, speaking on a conference call with investors, said: "Citi is not involved in the matter the SEC announced on Friday. "

Blankfein, in his testimony, said the day of the SEC suit was "one of the worst days in my professional life. "

But he said the charges need more proof beyond the SEC's allegations if they are to have a lasting impact on Goldman.

In a statement, Mr Greenberg said he "appreciates the SEC's recognition that he personally should not be charged with any fraud" .

But Ms. Schapiro said the SEC is working to assess the role of these trades, and how they affect the markets.

Schapiro also said the SEC will look into how exchanges cope with the aftermath of a day like Thursday.

Momenta's chief executive, Craig Wheeler, said the company had no comment, and hoped to soon review the SEC complaint.

People familiar with the probe said the SEC was investigating the matter as well but no US charges have been filed.

The consensus seems to be that neither Goldman nor the SEC came away with a total and complete win.

The SEC also announced Monday that it had delegated to the stock exchanges the decision about which company makes the no-shorting list.

It may be that the SEC's flurry of subpoenas turns up something substantial. But neither of the watchdogs has produced such evidence so far.

General Electric said it spoke to the SEC about being on the list, while GM said it did not ask to be included.

Such a notification allows the company to address regulators' concerns before the SEC brings formal charges.

A judge recently threw out the SEC's settlement with the bank and ordered a trial; the agency hinted at additional charges.

In May 2007, the SEC made its first call to her, a development she didn't share with Mr. Gansman, she said.

The SEC's King said there was no specific timeline for the regulator to take final action on flashes.

They also said the criminal probe could complicate the SEC case as it moves to trial.

But even the SEC's highest- profile cases have let the defendants off lightly, and did not lead to criminal prosecutions.

Goldman is instead going on the front foot, issuing a detailed denial to the SEC's claims and vowing to fight the regulator on every count.

Linda Thomsen, the SEC enforcement director, said the agency's investigations were "ongoing" .

They must have found out on their own. The SEC have been onto this for months. Call your people over there and ask them.

But the law is all the SEC has; ethics are Goldman's responsibility.

The issue is at the heart of the SEC's suit against Goldman and Mr. Tourre.

The SEC also found a range of accounting treatments for mergers, recapitalizations, reorganizations, and other transactions.

The SEC alleged Mr. Pang's fraud began at least in 2003 when he raised hundreds of millions of dollars from investors, mostly in Taiwan. Mr.

But the SEC has no legal authority to limit executive pay, nor would such authority be a good idea.

But it had virtues that, reading the SEC's settlements with JPMorgan and Goldman, make me nostalgic.

Officials with the SEC did not immediately respond to emailed requests for comment from Reuters.

The firm also said the SEC completed a review of other collateralized debt obligations created by Goldman.

Against this background, the SEC's Goldman suit, launched only in April, seemed to signal that the agency was back in the fight.

"It's a good first step that the SEC has taken, but this just scratches the surface, " says Joe Saluzzi, its co-head of equity trading.

Two Democratic Congressmen plan to ask the SEC to investigate dealings between Goldman and AIG.

The staff has agreed to recommend to the SEC on terms consistent with the settlement framework described in the company's quarterly report.

Toyota said it had received a request on Feb 19 to voluntarily submit certain documents from the Los Angeles office of the SEC.

Ms. Schapiro said the SEC is working with Chinese regulators to address these concerns.

Skeptics, even those who agree with the concept of a common accounting language, called the SEC's approach wrongheaded.

Regulators at the SEC and around the country said they would be investigating other deals beyond ABACUS.

But, as a broker-dealer, Lehman was not subject to such regulation: the SEC did not have the tools.

Several investors said the SEC scrutiny was likely a major factor in delaying a Groupon IPO.

The SEC has subpoenaed witness testimony and accounting and internal controls-related information, the company said.

But some recent cases show that even when the SEC wins judgments against companies and individuals, the regulator is not able to collect.

Schapiro was appointed to a first stint at the SEC in 1988, to fill what she said was called its "woman's seat. "

Schapiro says in her written testimony that the coming months for the SEC will be dominated by rule-writing for the new legislation.

He said Berkshire had turned over 'some very damning evidence, in my view' about Mr. Sokol's trades to the SEC.

Sirens might have gone off at the SEC if the two firms were U. S. companies.

The SEC rocked Goldman and its investors with its charges, but that was only the first round of the fight.

Recently, the SEC began to require 500 of the largest public companies to begin filing their financial statements using XBRL.

The SEC says Madoff was registered with it both as a broker-dealer and an investment adviser.

Last April, when the SEC filed suit against Goldman, the bank could have fought back.

However, he said "neither Goldman nor the SEC can afford to take this case to trial. "

But now, the SEC is weighing stricter disclosure and a clearer definition of what would constitute deception.

In fact, the U. S. Federal Reserve called just such a meeting in the week before the SEC filed its case.

After years of economic studies that showed the rule wasn't having an impact on market volatility, the SEC abolished it in 2007.

If active ETFs can be made to work, and receive the SEC's blessing, they could take the business to a new level.

Many traders and others blame the SEC's decision as a factor behind the precipitous declines of some shares over the past two years.

The SEC said at least 20 hedge funds in the U. S. and Europe received the letters.

It emerged last week that the SEC had forced the NYSE to step up the pace and scale of a new probe.

The SEC's suit against Goldman is the agency's biggest assault on a Wall Street firm in a matter stemming from the credit crisis.

Some would like to see the SEC become more like Britain's super-regulator, the Financial Services Authority.

The SEC and Commodities Futures Trading Commission expect to issue a final report on the flash crash within a few months.

Not even the best of regulators (and the SEC is not that) can be sure of stopping a determined fraudster.

The SEC said the suit's timing wasn't influenced by external events.

Having initially talked tough with the SEC, the firm now seems keen to settle (at an expected cost of close to $1 billion).

The NASD is supervised by the SEC and includes all over the counter dealer firms.

The SEC 2000 network is formed by connecting a single twisted shielded pair of cable wires, reducing cabling and installation costs.

The SEC's complaint has put the bank's reputation on the line.

The SEC's case against Goldman and a vice president at the firm, Fabrice Tourre, hangs on a single critical contention.

We also would call on the SEC to carry out this review in a spirit of collaboration and partnership with the private sector.

There are worries overseas too, for instance that the SEC will try to interfere with IFRS and interpret it in a narrow, prescriptive way.

As part of the Dodd-Frank Act, the SEC is looking at a number of topics related to the ratings agencies, one of which is standardization.

But it also showed the SEC's continuing failure to take its wider regulatory role in a more aggressive direction.

The SEC establishes requirements regarding the content of financial statements and the reporting standards to be followed.

The Justice Department probe began weeks ago and is essentially on a parallel track with the SEC investigation, the sources said.

With its complaint, the SEC also filed stipulated consents to final judgments by defendants McKee and Dixon.

When he settled with the SEC, his lawyer issued a statement that cast some of the blame on Jobs.

The SEC says the relationship was not disclosed to Goldman's clients, ACA Financial Guaranty and the German bank IKB.

Disclosure: Gary Gordon, MS, CFP is the president of Pacific Park Financial, Inc. , a Registered Investment Adviser with the SEC.

Federal prosecutors are believed to be looking at Goldman, which denies the SEC charges.

At the same time, the SEC got something out of Goldman's acknowledgment as well, said Rao.

The SEC is not shy about asking questions of these companies, its officials insist.

"It's in the SEC's interest to make this look like a very good deal, " he added.

The SEC now wants to let such shareholders have their nominations included on the proxy materials.

The company also announced that the SEC has begun an investigation.

Now the SEC will attempt to make a charge of deliberate deception stick.

The settlement, which was one of the highest paid by a US company, looks tough. But in truth, the SEC caved.

The SEC declined comment, noting that all the senior people at the unit that oversaw Lehman had left the regulator.

It is not just the SEC's probe into Associates, which was described in Mr Weill's autobiography as one of the worst purchases of his career.

Perhaps this is why most people seem to intuitively understand the SEC's case, unlike supposed experts like Mr.

People close to the situation said Goldman received notification of the SEC's intention to press charges in July.

Last week, the SEC warned investors to be careful about investing in stocks of such companies.

No one at any of the firms receiving the requests for information from the SEC has been accused of wrongdoing.

To prevent potential vulnerabilities, do not use the sec_master or users for the trusted user account.

He had gone, as instructed, to see Breeden at the SEC, asking for help.

Later this year, America will start to require funds to register with the SEC and disclose some of their holdings to regulators.

The SEC suit centers on a deal Goldman structured by the name of Abacus.

During the past year, the SEC's enforcement lawyers have stepped up the pace of insider trading lawsuits and settlements.

Pang's attorney previously has denied the SEC charges, saying that his client expects to be fully vindicated.

The SEC also is working on a rule that would require investors, including hedge funds, to disclose their short positions to the SEC.

Though the SEC already requires segment reporting, what appears in an annual report often is vague or perfunctory.

The SEC joined in faulting computerized trading and exchange specialists as well as citing a negative turn in investor psychology.

Some of those investors were private citizens who depended upon the SEC.

"GE bent the accounting rules beyond the breaking point, " said Robert Khuzami, director of the SEC's division of enforcement.

A provision in the recently passed financial rescue bill authorized the SEC to conduct a study of mark-to-market rules.

The SEC-MALLS experiments revealed that the fish gelatin, as expected, contained components with different molecular weights.

Christopher Cox, the SEC's chairman, hailed the move to an "international language of disclosure, transparency and comparability. "

Keep your eyes on the SEC filings to see who will be buying or selling next.

Some investors say the SEC should stop companies from getting around the rule, which they say remains an essential safeguard.

The legislation "creates a whole new regulatory regime, " and implementation is "a massive undertaking, " says the SEC's Schapiro.

The SEC followed quickly with its own ban on what would eventually total nearly 1, 000 stocks -- roughly one-fifth of listed U.

I've tried to find where this phrase comes from and it seems it may have been created by the SEC itself.

Think about what the markets were doing in terms of growth and innovation at the same time the SEC was in a hiring freeze.

And that's something that neither the SEC charges against Goldman nor the financial-reform legislation in Congress can claim.

But the SEC already has rules against this as well-although some argue they could be enforced better.

The SEC alleges that Goldman misled ACA into believing that Paulson would co-invest with it.

In settling the case with the SEC, Goldman said it made a "mistake" , but neither admitted nor denied the agency's allegations.

Even existing rating firms had to win approval from the SEC to become so-called nationally recognized statistical rating organizations.

The company has disclosed the probe to the SEC and the Justice Department.

Although the SEC focused on an arcane synthetic collateralised debt obligation known as Abacus 2007-AC1, its complaint is a spare 22 pages.

Since missing the Madoff fraud, the SEC has been hit by an avalanche of criticism.

The subpoenas, dated Sept. 22, have identified six financial institutions the SEC believes may have been subject to such manipulation.

However, 26 out of the 30 companies comply with the SEC directive for providing quarterly financial statements on their websites.

The SEC alleged that part of GE's reason for the improprieties was to boost earnings.

As for flash orders, they do seem intrinsically unfair, but they constitute less than 3% of trading, and the SEC has proposed banning them.

The Treasury is at odds with the SEC, too, fearing that a ruling in favour of investors would further damage American competitiveness.

One way to address this imbalance would be to replace some of the SEC's vast army of lawyers with economists.

"Black tornado" as the eldest brother, "xiao li nine" for the SEC. Bro, loose end as John behind the scenes.

The fact that the commission was split was evidence to many on Wall Street and even at the SEC itself that the government had a weak case.

Apple is providing all relevant information to the SEC for its investigation, a company representative said, declining to comment further.

The SEC alleges that Goldman should have disclosed Mr. Paulson's involvement in creating the portfolio and his bearish bet.

The SEC has moved fast in the case, the first brought by a new specialised market abuse unit in its enforcement division.

The last administration, and the SEC it supervised, was remiss in prosecuting and surveillance.

Currently the SEC is planning on mandating Python as the language for this reporting requirement.

Together with the SEC, the Public Company Accounting Oversight Board has demanded more access to Chinese audits.

The SEC has been unable to collect the money.

It should stop saying it will fight the charges aggressively and that the SEC's suit is 'completely unfounded. '

The SEC argues that these derivatives gave the hedge fund an incentive to select mortgage securities that would bomb. And bomb they did.

Funds will have to disclose more information to the SEC about their positions and retain all records.

The SEC and the bank eventually settled for $150 million.

Announce on the NYSE floor that the SEC is reinstating the 'uptick rule' as a way to protect small 'Main Street' investors.

The filings can be accessed electronically through the SEC website.

The SEC's case was never all that strong, but they can say they took on Goldman Sachs and stared them down.

The SEC said in its complaint against the Wongs that $3. 1m used to purchase the Dow Jones shares was wired from Mr Leung's bank account.

However, these tests were met for only one of the 19 institutions the SEC has leapt to protect.

The SEC, meanwhile, is expected next year to adopt much-delayed rules allowing big shareholders to nominate candidates for board elections.

How the SEC undertakes this challenge of technology is the compelling question.

Separately, the SEC voted to propose overhauling offering documents, or prospectuses, issued by mutual-fund companies.

Like the Treasury and the Federal Reserve, the SEC is improvising in order to try to protect banks.

In its founding legislation, Congress empowered the SEC both to protect investors and to ensure a fair and efficient market.

In a sense, this development shouldn't be a surprise: All fraud charges in the SEC's arsenal have criminal counterparts.

Last month, the SEC followed its counterpart and issued the hedge fund with a subpoena.

The change on broker voting came as the SEC proposed a series of sweeping proposals aimed at improving corporate governance and disclosure.

The SEC alleged Ms. Wang, a 45-year-old Beijing resident, and possibly others, had been tipped off about the impending Pearson takeover.

The brokerage industry faces scrutiny from the SEC, NASD as well as Federal and State regulatory agencies.

In 2008, Facebook told the SEC that the company had fewer than 499 holders in each of five classes of stock.

For the SEC and other securities regulators around the world, tighter control of short-selling is one way to stamp out market abuse.

Some have suspended dealings with expert-network firms entirely, until the SEC clarifies its views on using them.

The SEC further accuses Goldman of falsely representing to investors that Paulson & Co. would buy into the security.

He settled with the SEC, even though most lawyers think he could have beaten the charges.

Of the nine trades detailed in the SEC complaint, most involved stocks tied to the pharmaceutical industry.

Cheques will be sent to more than 257, 000 affected AIG investors within the next few months, the SEC said on Tuesday.

Earlier today, I argued that the SEC should simply eliminate its quiet period rules for pre-IPO companies -- like Groupon.

Develop a regulatory structure that works for these companies, and which coordinates effectively with the SEC and PCAOB.

In connection with the SEC action, a federal judge on Monday ordered a freeze on Pang's assets and appointed a receiver to oversee PEMGroup.

Brokers, dealers in the over-the-counter market, and even the stock exchanges themselves must register with the SEC.

That would cast doubt on the the SEC's portrayal of ACA as a misinformed victim in the alleged fraud.

That is because a subtle, but significant, shift has taken place in the SEC's attitude to the outside world in the past year.

The SEC is considering extending this disclosure requirement to all companies, an SEC official said.

Then the chance that investors will win their civil suits improves dramatically, as plaintiffs could use the same evidence the SEC did.

It isn't known whether the SEC is investigating any of their deals.

The prominent financier blames new regulations that require investment advisers to register with the SEC.

Because of this, the results of an internal investigation into the introduction, but for the SEC to eat surprise announcement.

I consider the SEC's website to be an advanced investment tool.

Which is why the SEC should require two totals to be published, argues Ira Kay of Watson Wyatt, a compensation consultancy.

Things got so suspicious that the head of the SEC head to come out and deny any political motives.

Rep. Dennis Kucinich (D. , Ohio) urged the SEC in a letter Tuesday to expand its probe of the bank for possible securities-law violations.

Manipulative shorting (for instance, by borrowing non-existent shares) is different, but the SEC has already outlawed that.

So the SEC, whose prime congressional mandate is investor protection, is highly sensitive to the flash trades issue.

Larger companies, especially those with overseas subsidiaries, have urged the SEC to move in this direction.

The SEC also finalized rules to make it easier for small businesses to raise money.

The other accused individuals also allegedly engaged in suspicious trading in Global Education stock, the SEC said.

The SEC regulates interstate market securities and enforces laws against unfair and illegal practices.

The SEC, meanwhile, has shown only spotty attention to this area of the law over the years, say securities attorneys.

In the real world, the SEC already has proposed a rule requiring disclosure for a company's three highest paid people.

BofA, which neither admitted nor denied the allegations by the SEC, agreed to pay $33m to settle with the SEC.

Had they known the truth, the SEC claims, they might never have bought the CDO.

The SEC intends the order to continue without interruption in the form of an interim final rule.

Among the SEC's most vocal critics is Harvey Pitt, a former chairman.

The SEC's guidance is seen as a precursor to a larger debate over how best to price securities, especially when markets freeze up.

The SEC did so without making any management changes, or without a confession of all but the slightest regret.

Investors' reaction to the news was swift and negative: Goldman shares closed down 13% Friday after the SEC filed its suit.

Lawyers who reviewed the SEC complaint agreed that the products themselves weren't illegal.

The SEC also issued a statement, but it was far longer and much more testy.

An internal investigation at the SEC is expected by the end of September.

Ordinarily , the SEC defers to the Justice Department and lets criminal matters be resolved first .

The SEC obtained a court order seizing control of his firm.

Funds will have to disclose more information to the SEC about their positions and retain allrecords.

By trading on the information from Zilkha, Pequot and Samberg made more than $14 million for the Pequot funds, the SEC said.

Enron CEO Lay declined to answer questions during a call with analysts because of "potential lawsuits, as well as the SEC inquiry. " Ibid.

Third, the SEC neutered its ability to conduct consolidated supervision of major investment banks.

It has been unclear whether the Justice Department or the SEC have begun formal probes.

Mr Gupta has sued the SEC and is asking to stand trial in front of a jury.

Mr. Gupta has denied wrongdoing and sued the SEC, accusing the agency of violating his constitutional rights.

The SEC is seeking a court order to freeze Saleh's assets, and wants him to give up illicit profits and pay a civil fine.

Mark Cuban fired back at the SEC, defending the sale of stock which has him facing charges of insider trading.

Friday, the SEC also said it authorized its enforcement staff to issue subpoenas to gather information.

Buffett and others with a vested interest in seeing the SEC fail.

The SEC is also now requiring companies to calculate their executive and employee options expenses in figuring earnings.

When wrongdoing is suspected or alleged, for instance, the SEC will open a so-called "matter under inquiry" .

So he may have somespecial insights (he noted that his blog post is his personalopinion and not the views of the SEC or its staff).

Democrats quickly cited the SEC's action against Goldman to press their case for the overhaul.

It is unusual for dominance to shade into criminality, as the SEC alleges against Mr Madoff and Sir Allen.

Despite being a compromise, the new rule is controversial within the SEC.

Calibration gas values can be changed without opening the SEC 2000 housing, using the magnetic push-button switch for calibration.

Yet Goldman walked away with several victories that raise questions about the strength of the SEC's case.

A representative of the SEC, which made the rule change, notes that since 2001, stocks have traded in decimals, rather than fractions.

The SEC drafted letters to two of the alleged counterparties on the list but never sent them.

That is why we have petitioned the SEC for a licence to operate as a completely separate registered exchange.

Representatives of the Manhattan U. S. Attorney's office, the FBI and the SEC declined to comment.

Citigroup and the SEC have the option of striking a new deal or appealing to a higher court.

The SEC also could examine News Corp. 's prior disclosures, one of the people said.

The SEC's complaint is focusing on one of the Abacus deals that is not among the securities insured by AIG.

Unlike the SEC's number, such "total realised pay" correlates well with firms' performance, says Mr Kay.

The SEC is engaged in a "work plan" that could move public company accounting into convergence with IFRS by 2015.

The SEC has certain restrictions on companies buying back shares until an offer has been declared unconditional.

According to the filing, the SEC also is formally investigating whether Avon or its representatives bribed officials overseas.

The SEC says the new whistleblower rules, which became effective on August 12, resulted in 334 complaints through the end of September.

What investors are wrong to assume, however, is that the SEC suit is only Goldman's problem.

US hedge funds don't have to register as investment advisers with the SEC now.

But the SEC says Deloitte has made only hazy assertions of Chinese secrecy law, the basis for which is in any case "impossibly vague" .

This is the material fact at the heart of the SEC's case.

Began school, this represented me to start the SEC 2 study curricula.

The SEC announced a $150m settlement with BofA yesterday regarding shareholder disclosure.

The SEC, which sought the asset freeze to prevent the profits from leaving US-based accounts, said its investigation is continuing.