News and Alerts
04/11/2013
SEC Charges Former KPMG Partner and Friend with Insider Trading
Washington, D.C., April 11, 2013 — The Securities and Exchange Commission today charged the former partner in charge of KPMG's Pacific Southwest audit practice and his friend with insider trading on nonpublic information about firm clients.Read more04/10/2013
Mary Jo White Sworn in as Chair of SEC
Washington, D.C., April 10, 2013 — The Securities and Exchange Commission today announced that Mary Jo White was sworn in this morning as the 31st Chair of the SEC.Read more04/09/2013
New Measures to Address Market Volatility
The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to inform investors of recent safeguards approved by the SEC to address market volatility in U.S. equity markets. On May 31, 2012, the SEC approved a new “Limit Up-Limit Down” mechanism to address market volatility by preventing trades in listed equity securities when triggered by large, sudden price moves in an individual stock. Additionally, the SEC approved proposed rule changes that modify existing circuit breaker procedures related to market-wide trading halts.Read more04/08/2013
SEC Charges Former Medical Device Company Employee for Illegally Tipping Brother with Quarterly Earnings Data
Washington, D.C., April 8, 2013 — The Securities and Exchange Commission today charged a former employee at a California-based medical device manufacturer with illegally tipping confidential financial data to her brother, who illegally traded in the company's stock and enabled his hedge fund clients to do the same.Read more04/03/2013