Securities Law

Alliance Data Closes $700 Million of Term Asset-Backed Securities – MSN Money

About Alliance Data This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements may use …

Cnooc to Buy Nexen for $15 Billion – New York Times

Several securities law experts say the delay in the BlackBerry 10, and overly optimistic remarks by Research in Motion’s chief executive, may make the company a target of shareholder lawsuits. Washington, D.C., Tests for AIDS in Stores …

Kohner, Mann & Kailas, S.C. (KMKSC) Attorney’s Decade of Chroniclers of Significant Developments in Business Law – YAHOO!

For the last decade, Kohner, Mann & Kailas, S.C. shareholder Alexander “Sandie” Pendleton has been selected by the Wisconsin State Bar to write its annual review of significant developments in Business and Securities Law as part of the Bar’s Annual … Continue reading

Zimbabwe: Major Changes to Securities Act – AllAfrica.com

THERE have been major amendments to the Securities Act, chief among them being the granting of more executive powers to the Securities Commission of Zimbabwe (SECz) chief executive officer in order to ensure the smooth running of financial markets in … Continue reading

Libor: What Criminal Charges Are Likely? – CNBC

Sarbanes-Oxley Fraud Traditional U.S. securities laws would not necessarily treat this behavior as criminal. Most likely this type of deception would be treated as a civil violation. But the Sarbanes-Oxley Act of 2002, the reforms passed in the wake of … Continue reading

Senate bill would boost penalties on Wall Street securities law violations – Thehill.com

Two senators are introducing bipartisan legislation that would give regulators more power to crack down on securities laws violations. Sens. Jack Reed (D-R.I.) and Chuck Grassley (R-Iowa) are offering a bill that would allow the Securities and Exchange …

Two U.S. Senators Propose Letting SEC Impose Bigger Penalties – Bloomberg

Reed said the bill, which he titled the Stronger Enforcement of Civil Penalties Act of 2012, would help the SEC deter individuals and firms from repeatedly violating securities laws. “If they look at the bottom line and see they can … Continue reading

Kohner, Mann & Kailas, S.C. (KMKSC) Attorney’s Decade of Chroniclers of Significant Developments in Business Law – Houston Chronicle

For the last decade, Kohner, Mann & Kailas, S.C. shareholder Alexander “Sandie” Pendleton has been selected by the Wisconsin State Bar to write its annual review of significant developments in Business and Securities Law as part of the Bar’s Annual … Continue reading

Bill would dramatically jack up SEC fines on securities firms – InvestmentNews

Under current law, SEC civil penalties are capped at $150,000 per offense for individuals and $725,000 per offense for firms. The bill, written by Sen. Jack Reed, D-R.I., chairman of the Senate Banking Subcommittee on Securities, Insurance and …

Senators seek bigger firepower for U.S. securities regulator – Reuters

It would also triple the penalty cap for repeat offenders who have been convicted of securities fraud within the past five … a change from current law. Crucially, the SEC could also seek three times the amount of ill-gotten gains … Continue reading