The Wall Street Journal reported Monday that Christopher Cox , chairman of the US Securities and Exchange Commission , plans to put into operation a rule that would allow the government to take a stronger role as...
Search Results for: financial regulations
Corporations and securities brief ~ DOJ alleges fraud at Bayou hedge fund
Leading Thursday's corporations and securities law news, US Department of Justice lawyers have accused Bayou Management of fabricating wildly inaccurate financial results for the past seven years. Filing civil charges to freeze the hedge fund's assets, US Attorney David...
States brief ~ IL governor signs bill lowering medical malpractice premiums
Leading Thursday's states brief, Illinois Governor Rod Blagojevich signed into law today a medical malpractice bill that he believes will lower medical malpractice insurance premiums. The bill will cap non-economic damages at $500,000 for...
Complete text of the draft Iraqi constitution, as translated from the Arabic by the Associated Press :PREAMBLECHAPTER ONE: BASIC PRINCIPLESCHAPTER TWO: RIGHTS AND FREEDOMSPART ONE: RIGHTSPART TWO: FREEDOMSCHAPTER THREE: THE FEDERAL AUTHORITIESPART ONE: THE LEGISLATIVE AUTHORITYPART TWO:...
Corporations and securities brief ~ CIBC settles with US regulators
Leading Wednesday's corporations and securities law news, the Canadian Imperial Bank of Commerce (CIBC) will pay $125 million to settle with US regulators. The SEC and the state of New York accused CIBC of lending money to...
International brief ~ Peru judge orders 118 military officers arrested for 1988 massacre
Leading Thursday's international brief, a Peruvian judge has ordered the arrest of 118 current and retired military officers for their alleged involvement in a 1988 attack against the Andean village of Cayara , in which soldiers allegedly...
States brief ~ WI Supreme Court allows power plant expansion
Leading Tuesday's states brief, the Wisconsin Supreme Court ruled today that the state's Public Service Commission acted properly in approving a coal-fired power plant in Oak Creek, Wisconsin. S.C Johnson & Son and the environmental...
The independent Panel on the Nonprofit Sector released a report Wednesday recommending that Congress require charities to develop stricter policies on the disclosure of financial information by retaining external independent accountants, reveal more details on executive...
Corporations and securities brief ~ Bristol-Myers settles fraud case with DOJ
Leading Wednesday's corporations and securities law news, Bristol-Myers Squib has reached a $300 million settlement with the federal government over securities fraud. US Attorney for the district of New Jersey Christopher Christie announced the settlement...
States brief ~ Eighth Circuit to reconsider MO fee on disabled parking permits
Leading Monday's states brief, the United States Supreme Court today ordered a federal appeals court to reconsider whether the state of Missouri can charge the disabled $2 for portable disabled parking placards. The placards allow disabled persons to park...