September 28, 2010

Chais, Calif. money manager in Madoff case, dies

Topix SEC News
Stanley Chais, a prominent California investment manager who diverted hundreds of millions of dollars from his clients to disgraced financier Bernard Madoff, has died in New York City.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

J&J–Guidant Merger Clears SEC Hurdle

Topix SEC News
The planned merger of Johnson & Johnson Inc. and Guidant Corp. moved a step closer to reality in late March with the approval of the U.S. Securities and Exchange Commission .

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

SEC Eases Accounting Rules on NG Debt Swaps

Topix SEC News
MANILA, Philippines The Securities and Exchange Commission eased its accounting rules for banks and financial institutions participating in debt swaps of national government, a move expected to boost investor interest in the debt exchange deals.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

SEC directives stayed for 3 months

Topix SEC News
The High Court on Monday stayed for three months the Securities and Exchange Commission\’s action directing the stockbrokers and merchant bankers to go for forced selling of shares and Net Asset Values based loan margin.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Accused Madoff middleman Stanley Chais dies

Topix SEC News
Silvan Shalom: World pressure on Israel distancing PA from peace 17:16 Ozzy Osbourne: Booze, not politics, prevented Israeli gigs 16:13 Money manager Chais dies, subject of Madoff probe 16:05 Man, 28, severely injured in motorcycle accident near Petah Tikva 15:45 Fatah official: Settlement expansion could kill two-state solution 15:04 Paris railway …

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

OP investment adviser faces SEC charges

Topix SEC News
The Securities and Exchange Commission has revoked the registered investment adviser registration of Overland Park-based Sierra Financial Advisors LLC and barred owners Michael Earl and Michael Breakey from working in the investment industry.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Local Stanford Group Victims Hold Out Little Hope

Topix SEC News
Last week\’s hearing by the Senate Banking Committee into the Securities & Exchange Commission\’s failure to detect \”Sir\” Allan Stanford\’s alleged fraud was a reminder that the damage to Arkansans has not been measured.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

AirTran Trader Wins 14-Fold Profit on Calls Bought Before Deal

Topix SEC News
An investor who bought 759 bullish AirTran Holdings Inc. options last week captured a 14-fold gain today after Southwest Airlines Co.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Citigroup\’s $75 Million Settlement With SEC Gets Green Light — Almost

Topix SEC News
After keeping the parties\’ lawyers on pins and needles for over a month, Washington, D.C., federal district court Judge Ellen Segal Huvelle said Friday afternoon that she will accept — with a few preconditions — Citigroup\’s $75 million settlement with the Securities and Exchange Commission over the bank\’s inadequate reporting of its exposure to …

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment

Clean Diesel Technologies Announces S-4 Filing Declared Effective by…

Topix SEC News
Clean Diesel Technologies, Inc. , a cleantech emissions reduction company providing sustainable solutions to reduce emissions, announced that the Company\’s Form S-4 registration statement regarding its proposed merger with Catalytic Solutions, Inc.

Read full story

Filed under SEC News by

Spread the Word!

Permalink Print Comment