Read more Securities and Exchange Commission stories on Newserhttp://www.newser.com/taggrid/38566/securities-and-exchange-commission.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 13:43:26 CSThttp://www.newser.com/story/73001/madoff-wishes-sec-had-caught-him-years-ago.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBernie Madoff slagged the SEC in a jailhouse interview released late yesterday, dismissing a compliance examiner looking into his firm in 2006 as a "blowhard" who "talked tough, but didn't look at anything." He said uncovering his Ponzi scheme would have been a cinch if the guy had done his...http://www.newser.com/story/73001/madoff-wishes-sec-had-caught-him-years-ago.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 31 Oct 2009 6:31:29 CDThttp://www.newser.com/story/71896/29-year-old-sec-honcho-came-from-goldman.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe first person named to the new chief operating officer position in the SEC’s enforcement division is a 29-year-old whiz kid who previously worked at uber-connected Goldman Sachs, Bloomberg reports. "Adam’s skill in technology systems, workflow process, and project management will greatly benefit the division," his new boss says. To...http://www.newser.com/story/71896/29-year-old-sec-honcho-came-from-goldman.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 16 Oct 2009 14:08:31 CDThttp://www.newser.com/story/71890/hedge-fund-founder-nabbed-for-insider-trading.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe founder of a $3 billion hedge fund and two other financial executives have been charged with insider trading, the Business Insider reports. Raj Rajaratnam, whose Galleon Group focuses on high tech stocks, was charged with conspiracy and fraud related to trades of Hilton and Google stock, among others. Execs...http://www.newser.com/story/71890/hedge-fund-founder-nabbed-for-insider-trading.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 16 Oct 2009 11:03:13 CDThttp://www.newser.com/story/69828/borrowers-ditch-banks-turn-to-peer-loans.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs the banking pendulum swings from reckless lending to impossible-to-get credit, people are increasingly turning away from institutions and toward each other for loans, reports the Washington Post . The shaky stock market has made the peer-to-peer market ideal for investors, while borrowers happily trade credit card debt for interest rates...http://www.newser.com/story/69828/borrowers-ditch-banks-turn-to-peer-loans.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun, 20 Sep 2009 9:38:48 CDThttp://www.newser.com/story/69772/feds-probe-bofa-merrill-deal.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America's acquisition of Merrill Lynch is the focus of an ongoing investigation by the FBI and Justice Department, sources tell the Charlotte Observer, the bank's hometown paper. The SEC and the AGs of New York and North Carolina have already launched civil probes of the timing of huge...http://www.newser.com/story/69772/feds-probe-bofa-merrill-deal.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 18 Sep 2009 15:55:54 CDThttp://www.newser.com/story/69390/court-overturns-merrill-bofa-settlement-with-sec.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA federal judge today scrapped the $33 million settlement Bank of America and the SEC agreed on as punishment for the bank's not informing shareholders of bonuses paid to Merrill Lynch executives just before the bank bought Merrill, the New York Times reports. Saying BofA "materially lied, " Jed Rakoff noted...http://www.newser.com/story/69390/court-overturns-merrill-bofa-settlement-with-sec.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 14 Sep 2009 14:47:48 CDThttp://www.newser.com/story/69095/madoff-on-fooling-sec-just-be-casual.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe most important thing to remember if you want to fool the SEC is to act casual, Bernie Madoff told executives at Fairfield Greenwich Group. “You don't want them to think you're concerned about anything,” the Ponzi scheme mastermind said in a phone call taped in 2005, CNN reports. Most...http://www.newser.com/story/69095/madoff-on-fooling-sec-just-be-casual.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 10 Sep 2009 17:11:52 CDThttp://www.newser.com/story/68452/sec-report-we-never-did-competent-madoff-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe SEC's inspector general says the agency had plenty of chances to take down Bernie Madoff and whiffed on every one, Bloomberg reports. In a report released today, H. David Kotz writes that the SEC received "detailed and substantive complaints over the years to warrant a thorough and comprehensive examination”...http://www.newser.com/story/68452/sec-report-we-never-did-competent-madoff-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 02 Sep 2009 14:19:49 CDThttp://www.newser.com/story/67357/sec-lacks-smarts-needed-to-tackle-shadowy-trades.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Securities and Exchange Commission is stepping up its efforts to shine light on the market’s more shadowy corners, examining flash quotes, high-frequency trades, and so-called “dark pools.” But the agency just doesn’t have the technology or trading know-how to keep up, experts tell the Wall Street Journal . “You need...http://www.newser.com/story/67357/sec-lacks-smarts-needed-to-tackle-shadowy-trades.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 20 Aug 2009 14:18:31 CDT