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Posts related to ‘SEC’

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Hedge Fund Agrees to Record Fine for Insider Trading

Posted: March 15, 2013 at 2:21 pm

The U.S. Securities and Exchange Commission (SEC) said today that the CR Intrinsic unit of hedge fund SAC Capital has agreed to pay $600 million to settle insider trading charges ...
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The Revolving Door at the SEC

Posted: February 11, 2013 at 12:08 pm

A new report on former employees of the Securities and Exchange Commission (SEC) who take new jobs at companies or with clients that are regulated by the commission not only ...
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Netflix, Company CEO Served Wells Notice from SEC

Posted: December 6, 2012 at 5:37 pm

Netflix, Inc. (NASDAQ: NFLX) and company CEO Reed Hastings have received a Wells Notice from the Securities Exchange Commission, according to documents released late Thursday. The issue arose from a Facebook posting by ...
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SEC Charges Former $1 Billion Hedge Fund Advisory Firm

Posted: October 17, 2012 at 1:38 pm

This is no case of Bernie Madoff, but the Securities and Exchange Commission has charged a former $1 billion hedge fund advisory firm and two executives with "scheming to overvalue ...
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SEC Ends Probe into Shale Gas Reserves (GDP, CHK, XOM, BHP, RRC, COG)

Posted: September 24, 2012 at 7:50 am

Independent oil and gas exploration and production company Goodrich Petroleum Corp. (NYSE: GDP) said this morning that it has received notice from the U.S. Securities and Exchange Commission (SEC) that ...
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Chesapeake Faces SEC Inquiry, As Does Chairman & CEO (CHK)

Posted: May 3, 2012 at 4:12 pm

Chesapeake Energy Corporation (NYSE: CHK) has confirmed what many investors probably should have been expecting in relation to the recent CEO double-dip dealing of Aubrey McClendon.  Chesapeake issued a notice ...
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Facebook Reports Lower Quarterly Revenues, Income

Posted: April 23, 2012 at 4:29 pm

The object of what is touted as the largest IPO of the year, Facebook Inc. (FB) filed an amended Form S-1 with the US Securities and Exchange Commission today, incorporating ...
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Credit Ratings Finally Get Leashed

Posted: May 19, 2011 at 6:36 am

The actions of Moody's, Standard & Poor's, and Fitch helped trigger the greatest credit crisis of all time. Each has been investigated and dragged before Congress because of AAA ratings ...
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The Ten Big US Government Failures Of The 21st Century

Posted: April 26, 2011 at 4:58 am

Taxpayers are more on guard about what the federal government spends than they have been in years, or perhaps longer, as threats of a high deficit and national debt highlight ...
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Dynegy Board: A Conflict Of Interest

Posted: March 14, 2011 at 9:38 am

Electric energy provider Dynegy (NYSE: DYN) has been through a great deal recently. It threatened to file Chapter 11. The firm said it might not be able to refinance a ...
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Media Digest (1/24/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: January 24, 2011 at 4:14 am

RockTenn (NYSE: RKT) will buy Smirft-Stone (NYSE: SSCN) for $3.5 billion. (Reuters) Assets in the Treasury's toxic asset fund rose 27% in value last year to $6.3 billion. (Reuters) China ...
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Investors Nervous About The Markets Head For The Exits

Posted: September 14, 2010 at 5:20 am

Investors, worried about market volatility, no longer view the purchase and sales of stocks as an even playing field, and are acting accordingly. Events like the "flash crash" have made ...
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Today’s Best Market Rumors (9/2/1010)

Posted: September 2, 2010 at 9:04 am

Updated throughout the day. A buyout of Burger King (NYSE: BKC) is likely to be at $24 (WSJ) China search engine firm Baidu (NASDAQ: BIDU) will focus more on mobile ...
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Moody’s Dodges The SEC Bullet On Inflated Ratings Issue

Posted: September 1, 2010 at 6:15 am

The management and investors of Moody's Investment Services can breathe a sigh of relief. The SEC will not pursue charges against the company for its inflation of the ratings on ...
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The SEC’s Meaningless Plan To Offer Shareholders More Power

Posted: August 26, 2010 at 5:18 am

The way that board members get elected at public companies is simple. The nominating committee of the board, often friends of the CEO, put the name of current directors or ...
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