FINRA staff define letters of authorization, and discuss how they are used and how firms can supervise them. Hosts: Sherell Fuller and Richard Vagnoni; Producer: Kenneth Edward Piner.Read full story
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The Securities and Exchange Commission is requiring a new audit of the 2006 financial statements of South Carolina armored vehicle maker Force Protection.Read full story
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Topix SEC NewsGeneral Motors Corp. escaped from a federal accounting probe without penalty Thursday when the Securities and Exchange Commission settled charges that GM’s mistakes violated federal laws.Read full story
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Topix SEC NewsVeteran securities regulator Mary Schapiro was approved by the U.S. Senate on Thursday to head the Securities and Exchange Commission where she will face the challenge of reinvigorating the agency criticized …Read full story
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Topix SEC NewsCanadian regulators are seeking a record penalty that could be as high as US$80 million from the two top executives of BlackBerry-maker Research in Motion for their role in a stock option-granting controversy, …Read full story
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Topix SEC NewsCrown Castle International Corp. announced today that it has priced its previously announced public offering of senior notes due 2015.Read full story
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By JAMES A. LOYOLA The Securities and Exchange Commission has responded favorably to the plea by pre-need companies to relax its rules and allow the industry to build up capital and shore up their trust funds …Read full story
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Topix SEC NewsBernard L. Madoff was once the chairman of the NASDAQ stock exchange. He was one of the most important market makers on Wall Street.Read full story
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NEW YORK : The federal government’s bankruptcy overseer chose Anton Valukas, a former federal prosecutor and a specialist in white collar crime, as the examiner in the Lehman Brothers bankruptcy case on …Read full story
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The Depository Trust & Clearing Corporation , whose fixed-income subsidiary clears”and guarantees”trades each day in the multi-trillion-dollar market for U.S. government securities, has asked regulators for …Read full story
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The chairman of the Securities and Exchange Commission under outgoing President George W. Bush , Christopher Cox , resigned on Tuesday as the new president took office.Read full story
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Volt Information Sciences, Inc. today reported that it has filed a Notification of Late Filing under Rule 12b-25 of the Securities Exchange Act of 1934, as amended, with the Securities and Exchange Commission …Read full story
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Topix SEC NewsIA Global Inc. As previously disclosed, the Company has been investigating unusual trading activity in its stock and has officially filed complaints regarding this trading activity with the Securities and …Read full story
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Saturday, January 17, 2009 By our correspondent ISLAMABAD: The Securities and Exchange Commission of Pakistan has appointed four non-member directors on the board of the Islamabad Stock Exchange and a director …Read full story
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Mary Schapiro, President-elect Barack Obama’s choice as chairman of the Securities and Exchange Commission, signaled that she could delay the planned transition to International Financial Reporting Standards.Read full story
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Topix SEC NewsDisgraced financier Bernard Madoff, left, leaves U.S. District Court in Manhattan escorted by U.S. Marshals after a bail hearing in New York.Read full story
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Applied Micro Circuits Corporation will conduct a conference call with analysts and investors following the release of its third quarter fiscal 2009 results on Wednesday, January 29, 2009.Read full story
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Topix SEC NewsA former Treasure Coast citrus farmer claimed that the federal government could have saved Bernard Madoff’s victims from fraud.Read full story
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Topix SEC NewsBernard Madoff will remain free on a $10 million bond, a federal judge ruled, denying a request by U.S. prosecutors that he be jailed while he decides how to plead to a securities fraud charge.Read full story
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Sequenom, Inc. announced that it intends to make an exchange offer to acquire all of the outstanding shares of common stock of EXACT Sciences Corporation in an all-stock transaction valued at approximately $41 …Read full story
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Topix SEC NewsNortel Networks Corp, North America’s biggest maker of telephone equipment, filed for bankruptcy protection in the United States on Wednesday, a day before it was due to make a $107 million interest payment.Read full story
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This podcast describes SPACs, explains how they work and highlights details to review before recommending them to customers. Hosts: Joseph Price and Lisa Toms; Producer: Kenneth Edward Piner.Read full story
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Topix SEC NewsBangalore, Karnataka, India and New Jersey, United States, Monday, January 12, 2009 — Wipro Technologies, the global IT services business of Wipro Limited today announced that in connection with revised …Read full story
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Topix SEC NewsLandry’s Restaurants Inc. has dropped plans to take the company private and will seek about $400 million for refinancing.Read full story
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WASHINGTON : Mary Schapiro, who appears this week at a confirmation hearing on her selection to head the U.S. Securities and Exchange Commission, has been accused in two lawsuits of making misleading statements …Read full story
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Staples, Inc. announced today that it has priced a previously announced public offering of $1.5 billion of its senior notes, at 9.75 percent coupon, due 2014.Read full story
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Topix SEC NewsThe New York Chapter of the National Investor Relations Institute will hold a meeting on Thursday, January 15, 2009 on “The Future of Financial Reporting.” Dr.Read full story
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Topix SEC NewsGold Reserve Inc. today announced that it has filed an investor presentation with Canadian securities regulatory authorities and the Securities and Exchange Commission , in connection with Rusoro Mining Ltd.’s …Read full story
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Dow Chemical will pursue legal action against a state-owned Kuwaiti company that pulled out of a joint venture last week, and said Tuesday talks are under way on a similar deal with other investors.Read full story
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Topix SEC NewsWith $7 trillion in wealth disappearing in the U.S. in the past year, it hasn’t been a banner time for anyone involved in the financial markets.Read full story
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Billionaire investor Ronald Burkle yesterday bought 7 percent of Whole Foods Market’s shares over the past two months through his Yucaipa Cos.Read full story
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Topix SEC NewsU.S. Rep. Gary Ackerman on Friday reintroduced legislation to reinstate a Great Depression-era regulation that curbed the short selling of stocks when prices are falling, which the Securities and Exchange …Read full story
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James Kroeker has been promoted to acting chief accountant at the Securities and Exchange Commission to replace the retiring incumbent, the agency announced Tuesday.Read full story
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Mid-priced department store chain Gottschalks Inc. appears in danger of going out of business.Read full story
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Topix SEC NewsCHICAGO The New York Stock Exchange followed up on its stop-trading order last month, officially notifying the Securities and Exchange Commission Tuesday that it has delisted some of Tribune Co.’s publicly …Read full story
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Topix SEC NewsThe Securities and Exchange Commission announced that it has selected a new acting chief accountant, James L. Kroeker.Read full story
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Topix SEC NewsUnitil Corporation’s top executive has a compensation package worth more than $1 million, while the power distribution company’s other top executives get paid hundreds of thousands of dollars per year, …Read full story
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A discussion on FINRA’s Coordinator Program, which provides firms with a dedicated point-of-contact for regulatory inquiries. Hosts: Dean Miller and Martha Mugamba; Producer: Kenneth Edward Piner.Read full story
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Revisit the latest Notices, compliance resources and news from December 2008. Hosts: Kenneth Edward Piner and Michelle Volpe-Kohler. Producer: Kenneth Edward Piner.Read full story
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Topix SEC NewsLyondellBasell Industries, the world’s third-largest independent chemical company, said Wednesday that bankruptcy protection is an option as a broadening recession eats away demand for its products.Read full story
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With the disclosure of the gigantic swindle perpetrated by some dude most Americans never heard of - Bernard L. Madoff - one doesn’t have to look hard to find at least a partial enabler in this stultifying …Read full story
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Topix SEC NewsBernard L. Madoff Investment Securities LLC was examined at least eight times in 16 years by the U.S. Securities and Exchange Commission and other regulators, who often came armed with suspicions, the Wall …Read full story
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Topix SEC NewsChristopher Cox will most likely be remembered as the regulator who was unable to do enough to protect investors during the worst financial crisis since the Great Depression.Read full story
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Topix SEC NewsIn a tough investing climate mutual fund investors should take note of what investing fees they’re being charged.Read full story
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Topix SEC NewsWest Hollywood, California - National Lampoon’s CEO was arrested earlier this month and charged with securities fraud for his alleged role in scheme to boost the West Hollywood firm’s stock price.Read full story
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Topix SEC NewsJan 2, 2009 2:21 pm US/Central NEW YORK An Austrian bank suffering more than $3 billion in losses from the collapse of Bernard L. Madoff’s investment scheme was taken over by the Austrian government today, …Read full story
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Topix SEC NewsSun-Times Media Group, Inc. today announced it has proceeded with its previously announced plans and has filed to file a Form 15 with Securities and Exchange Commission on January 2, 2009 voluntarily …Read full story
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Topix SEC NewsNEW York money manager and former Nasdaq chairman Bernard Madoff has admitted operating ‘basically a giant Ponzi scheme.’ Using money from recent investors to pay earlier investors, his 30-year scheme could …Read full story
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Topix SEC NewsAUBURN HILLS, Mich. , Jan. 2 /PRNewswire-FirstCall/ — BorgWarner Inc. announced today that it has been notified of an unsolicited mini-tender offer by TRC Capital Corporation of Toronto, Canada , to purchase …Read full story
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This undated photo shows a $10,000 copper sculpture of two seated lifeguards that was taken from the Palm Beach home of disgraced financier Bernard Madoff.Read full story
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Topix SEC NewsUnder fire for regulatory missteps, top U.S. securities regulator Christopher Cox defended his agency’s record but acknowledged some regrets over how he handled the worst financial crisis in decades.Read full story
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The Bernard Madoff scandal widened last night when it emerged that Kevin Bacon, the actor, and his wife, Kyra Sedgwick, had been caught up in the financier’s alleged $50billion scam.Read full story
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The SEC faces an uncertain future in 2009. Some officials have suggested reassigning its responsibilities to other agencies, or merging it with the Commodity Futures Trading Commission.Read full story
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GMAC LLC on Friday said that as part of its $6 billion federal bailout and decision to become a bank, it will no longer have the exclusive right to provide low-interest loans to borrowers who buy General Motors …Read full story
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