Selected Press Releases
SEC Issues Financial Literacy Study Mandated by the Dodd-Frank Act
08/30/2012
The Securities and Exchange Commission today issued a staff study with findings on what investors want to know about financial professionals and investment products and services, and when and how investors want to receive such information.Read moreSEC Freezes Assets of Insider Traders in Nexen Acquisition
08/27/2012
The Securities and Exchange Commission today obtained an emergency court order to freeze the assets of traders using trading accounts in Hong Kong and Singapore to reap more than $13 million in illegal profits by trading in advance of this week’s public announcement that China-based CNOOC Ltd. agreed to acquire Canada-based Nexen Inc.Read moreSEC Charges Phony Company President for Role in Facilitating Fake Investment in Penny Stock Company
08/25/2012
The Securities and Exchange Commission today charged a New York man for his role in a scheme to disseminate news of a fake investment to boost a struggling penny stock company.Read moreSEC Charges N.Y.-Based Fund Manager and Others With Securities Law Violations Related to Chinese Reverse Merger Company
07/30/2012
The Securities and Exchange Commission today charged New York-based investment manager Peter Siris and two of his firms with a host of securities law violations mostly related to his activities with a Chinese reverse merger company, China Yingxia International Inc.Read moreSEC Charges Close Friend of Staffing Company CEO with Insider Trading Around Acquisition
07/25/2012
The Securities and Exchange Commission has charged the close friend of a CEO with insider trading in the stock of a Houston-based employment services company by exploiting confidential information he learned while they were spending time together.Read more