The SEC said the company made more than $ 4 million in profit from the sale of vehicles and spare parts in the corrupt Oil-for-Food deals.

The Center for Public Integrity said of this episode-" The documents from the SEC inquiry show that Harken Energy engaged in questionable accounting practices as they attempted to stave off a financial crisis in 1989 and 1990.

SEC Commissioner Kathleen Casey has said that these CRAs have acted much like Fannie Mae, Freddie Mac and other companies that dominate the market because of government actions.

When asked about the issue of excessive CEO pay, Welch has said that such allegations are " outrageous " and has vehemently opposed proposed SEC regulations affecting executive compensation.

Its larger competitor, CME Group Inc., hasn ’ t received an SEC exemption, and agency spokesman John Nester said he didn ’ t know when a decision would be made.

But the SEC appealed, and in September 2010 an appeals court said that the district court had erred and that further proceedings would be necessary to address the merits of the suit.

The Securities and Exchange Commission ( SEC ) has said that an adviser has a duty to:

In SEC v. Chenery Corporation 318 U. S. 80 ( 1943 ), Frankfurter J said,

In a 2011 article by Matt Taibi, SEC whistleblowers said that complaining to the SEC OIG was " well-known to be a career-killer.

" This acquisition provides solutions that optimize application development organizations through the automation of testing, support and maintenance processes and enables dramatic increases in development outputs ," it said in the 10K report filed with the SEC.

In the May SEC report, it said " The BladeLogic acquisition expands our offerings for server provisioning, application release management, as well as configuration automation and compliance.

An official at the Department of Justice said, “ The company ’ s immediate self-reporting, thorough internal investigation, full cooperation with SEC staff, enhanced anti-corruption procedures and enhanced training made it an appropriate candidate for the Enforcement Division ’ s first Deferred Prosecution Agreement .”

Cramer said this practice, although illegal, is easy to do " because the SEC doesn't understand it.

The SEC then began to back away from the subpoenas, indicating it had no intention of enforcing them after lawyers for Dow Jones said they would not comply.

The U. S. Securities and Exchange Commission ( SEC ) has said that " these fraudulent schemes involve the purported issuance, trading, or use of so-called ' prime ' bank, ' prime ' European bank or ' prime ' world bank financial instruments, or other ' high yield investment programs.

" The SEC said Mudd ’ s misconduct included knowingly giving false testimony to Congress ", a report continued, while Mudd said " the government approved Fannie Mae ’ s disclosures during his tenure ".

The SEC said $ 60 million of Sunbeam's supposed record $ 189 million earnings for 1997 were the result of fraudulent accounting.

On July 3, 2008 Wachtell, Lipton, Rosen & Katz, an adviser on mergers and acquisitions, said short-selling was at record levels and asked the SEC to take urgent action and reinstate the 70-year-old uptick rule.

On September 18, 2008, presidential candidate and Senator John McCain ( R-AZ ) said that the SEC allowed short-selling to turn " our markets into a casino.

On October 6, 2008, Erik Sirri, director of the Securities and Exchange Commission's Division of Trading and Markets, said that the SEC is considering bringing back the uptick rule, stating, " It's something we have talked about and it may be something that we in fact do.

On January 20, 2009, Ackerman received a letter from Chairman Cox — written the day he left the SEC — in which Cox said he supports the reinstatement of an uptick rule.

He said when he was the head of the SEC that he had wanted to spend a third of his life learning, a third earning, and a third serving.

Mudd was named interim CEO of Fannie Mae in December 2004, after Franklin Raines stepped down after the U. S. Securities and Exchange Commission ( SEC ) found Fannie Mae had violated accounting rules.

According to the SEC, Aon ’ s subsidiaries made improper payments of over $ 3. 6 million to government officials and third party facilitators in Costa Rica, Egypt, Vietnam, Indonesia, the United Arab Emirates, Myanmar and Bangladesh, between 1983 and 2007, in order to obtain and retain insurance contracts.

Since 1994, most registration statements ( and associated materials ) filed with the SEC can be accessed via the SEC ’ s online system, EDGAR.

Entities under the SEC ’ s authority include securities exchanges with physical trading floors such as the New York Stock Exchange ( NYSE ), self-regulatory organizations ( SROs ) such as the National Association of Securities Dealers ( NASD ), the Municipal Securities Rulemaking Board ( MSRB ), online trading platforms such as The NASDAQ Stock Market ( NASDAQ ) and ATS, and any other persons ( e. g., securities brokers ) engaged in transactions for the accounts of others.

Shortly thereafter, the company ’ s audit committee and board of directors were notified of the fraud and acted swiftly: Sullivan was fired, Myers resigned, Arthur Andersen withdrew its audit opinion for 2001, and the U. S. Securities and Exchange Commission ( SEC ) launched an investigation into these matters on June 26, 2002 ( see accounting scandals ).

The SEC ( through its Chairman Arthur Levitt ) had supported efforts to permit securities firms to engage in non-FDIC insured banking activities without the Federal Reserve ’ s “ intrusive banking-style oversight ” of the “ overall holding company .” After the GLBA became law, securities firms continued ( and expanded ) their deposit and lending activities through the “ unitary thrifts ” and “ nonbank banks ” ( particularly industrial loan companies ) they had used before the GLBA to avoid regulation as bank holding companies.

Kuttner acknowledged “ de facto enroads ” before Glass-Steagall “ repeal ” but argued the GLBA ’ s “ repeal ” had permitted “ super-banks ” to “ re-enact the same kinds of structural conflicts of interest that were endemic in the 1920s ”, which he characterized as “ lending to speculators, packaging and securitizing credits and then selling them off, wholesale or retail, and extracting fees at every step along the way .” Stiglitz argued “ the most important consequence of Glass-Steagall repeal ” was in changing the culture of commercial banking so that the “ bigger risk ” culture of investment banking “ came out on top .” He also argued the GLBA “ created ever larger banks that were too big to be allowed to fail ”, which “ provided incentives for excessive risk taking .” Warren explained Glass-Steagall had kept banks from doing “ crazy things .” She credited FDIC insurance, the Glass-Steagall separation of investment banking, and SEC regulations as providing “ 50 years without a crisis ” and argued that crises returned in the 1980s with the “ pulling away of the threads ” of regulation.

Soon after the purchase, the SEC raised questions about Lernout & Hauspie ’ s finances, focusing on reported income from its East Asian endeavors, which seemed to skyrocket during these times.

* On January 9, 2006, the Securities and Exchange Commission “ announced that Daniel Calugar and his former registered broker-dealer, Security Brokerage, Inc. ( SBI ), agreed to settle the SEC ’ s charges alleging that they defrauded mutual fund investors through improper late trading and market timing.

Gradient Analytics, successor to Camelback, issued a press release stating that the SEC ’ s suit " confirms the validity of Gradient ’ s critical analysis of Biovail but raises serious questions about how companies retaliate against analysts with threats, intimidation, and lawsuits.

The SEC alleged that from 1998 to 2000, CA routinely kept its books open to include quarterly revenue from contracts executed after the quarter ended in order to meet Wall Street analysts ’ expectations.

The CFTC ’ s actions were widely viewed as a response to the SEC ’ s Broker-Dealer Lite proposal and, at least by Professor John C. Coffee, as perhaps an attempt to force the SEC to withdraw the proposal.

The Report also recommended “ consideration of ” legislation to grant the SEC and CFTC consolidated supervision authority for securities and commodities firms in order to supervise the OTC derivatives activities of those consolidated entities in a manner similar to the Federal Reserve ’ s authority over bank holding companies.

The proposed legislation would also repeal the CFMA ’ s limits on SEC authority over “ security-based swaps .”

The SEC filed fraud charges against four former executives of U. S. Foodservice: the company ’ s former CFO, former chief marketing officer, and two former purchasing executives.

As the Korean War was fought during Starr ’ s freshman year, the SEC conference – which Alabama was a part of – allowed freshman to play varsity ball.

Long and Merriman ( who both became multi-millionaires in the deal ) continued in their roles with TM, but sought to buy back the company in 1976 when the U. S. Securities and Exchange Commission ( SEC ) began an investigation into Buckley ’ s business affairs, accusing him and several members of the Starr Broadcasting board of directors of fraud and misuse of shareholder ’ s funds.

According to Washington Mutual Inc .' s 2007 SEC filing, the holding company held assets valued at $ 327. 9 billion.

On August 31, 2004, a special committee of the Board of Directors investigating the alleged misconduct of the controlling shareholders of Hollinger International submitted the 512-page Breeden Report to the U. S. Securities and Exchange Commission ( SEC ).

In the course of the WNAC-TV hearings, RKO had withheld evidence of General Tire's misconduct, including the fact that the SEC had begun an investigation of the company in 1976.