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A collection of news and information related to U.S. Securities and Exchange Commission published by this site and its partners.

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    May 22, 2013 |Story| Reuters
  1. SoftBank would appoint "security director" to Sprint board

    Reuters
    (Reuters) - SoftBank Corp would appoint a "security director" to Sprint Nextel's board if its takeover bid succeeds, and would give the U.S. government the right to approve the nominee, an attempt to address security concerns raised by the proposed deal....

    Tags: Huawei Technologies Co. Ltd., The Wall Street Journal, Telecommunication Equipment, Politics, National Government

  2. May 22, 2013 |Story| Reuters
  3. PRESS DIGEST - Wall Street Journal - May 23

    Reuters
    May 23 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Hundreds of JPMorgan Chase & Co employees have been redeployed to help the bank resolve...

    Tags: Passenger Cars, JPMorgan Chase & Co., Manufacturing and Engineering, Ford Motor Co., Politics

  4. May 22, 2013 |Story| Reuters
  5. SEC charges South Miami, Fla. with fraud over conduit deals

    Reuters
    WASHINGTON, May 22 (Reuters) - The city of South Miami, Florida, defrauded investors by not disclosing problems with the tax-exempt status of two conduit bond deals that were used to finance a mixed-use retail and parking structure, the U.S. Securities...

    Tags: Miami (Miami-Dade, Florida), Florida Gators, South Miami

  6. May 22, 2013 |Story| Hartford Courant
  7. Phoenix Says Bondholders Consent To Delayed Financial Reports

    The Hartford Courant
    The Phoenix Cos. said Wednesday it won consent from bondholders, allowing the company to delay providing quarterly reports and a 2012 annual report to the bond trustee until the end of this year. Phoenix is restating financial statements for all of 2009,...

    Tags: Bonds, Finance, Economy, Business and Finance

  8. May 22, 2013 |Story| Reuters
  9. T. Rowe's new lineup of target-date funds lighten up on stocks

    Reuters
    BOSTON, May 22 (Reuters) - U.S. money manager T. Rowe Price Group Inc on Wednesday said it plans to launch 11 new target-date funds that will put less emphasis on stocks before retirement and more on bonds. The Baltimore-based company filed a preliminary...

    Tags: T. Rowe Price, Finance, Economy, Business and Finance

  10. May 22, 2013 |Story| Reuters
  11. 'Investment calculator' offers UK investors transparency on fees

    Reuters
    LONDON (Reuters) - A new tool launched on Wednesday promises British investors a way to cut through what its authors call the "smoke and mirrors" used by investment firms to charge hidden fees and get a more realistic valuation of their investments....

    Tags: United Kingdom, Finance, Morningstar Incorporated, Investments, Economy, Business and Finance

  12. May 21, 2013 |Story| Reuters
  13. Voters oust mayor of Harrisburg, Pennsylvania in primary

    (Reuters) - The embattled mayor of Pennsylvania's financially crippled capital of Harrisburg was ousted on Tuesday when she lost the Democratic primary to the owner of an independent bookstore.
    Reuters
    (Reuters) - The embattled mayor of Pennsylvania's financially crippled capital of Harrisburg was ousted on Tuesday when she lost the Democratic primary to the owner of an independent bookstore. Mayor Linda Thompson's loss to Eric Papenfuse comes after...

    Tags: Harrisburg (Dauphin, Pennsylvania), Bankruptcy, Finance, Politics, Elections

  14. May 21, 2013 |Story| South Florida Sun-Sentinel
  15. Lawyer convicted in multimillion-dollar stock fraud case

    A Boca Raton lawyer was found guilty Monday for his role in a five-year, multimillion-dollar stock market manipulation and fraud scheme, according to acting Assistant U.S. Attorney General Mythili Raman. Attorney Mitchell J. Stein, 53, was convicted...

    Tags: Lawyers, Prosecution, Securities, Organized Crime, Crime, Law and Justice

  16. May 21, 2013 |Story| Reuters
  17. Prosecutors consider using racketeering law against SAC: source

    Reuters
    NEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Prosecutors may use the...

    Tags: Michael Steinberg, Lawyers, Trials, Laws, Manhattan (New York City)

  18. May 21, 2013 |Story| Reuters
  19. SAC's Martoma says U.S. impedes defense in fraud case

    Reuters
    * Martoma calls U.S. conspiracy allegations vague * Defendant accused of insider trading * SAC, founder Steven Cohen in focus after subpoenas May 21 (Reuters) - Former SAC Capital Advisors portfolio manager Mathew Martoma said the government is...

    Tags: Stamford, Lawyers, Michael Steinberg, Elan Corporation Plc, Trials

  20. May 21, 2013 |Story| Reuters
  21. Wall St. watchdog to review broker bonus disclosure plan in July

    Reuters
    By Suzanne Barlyn WASHINGTON, May 21 (Reuters) - Wall Street's watchdog will present a plan to its board in July that would require brokers to tell certain clients about compensation they receive when they switch firms, the regulator's chief said on...

    Tags: Securities, Finance, Investment Service, Economy, Business and Finance, Financial Markets

  22. May 21, 2013 |Story| Reuters
  23. Wall Street watchdog to review broker bonus disclosure plan in July

    Reuters
    WASHINGTON (Reuters) - Wall Street's watchdog will present a plan to its board in July that would require brokers to tell certain clients about compensation they receive when they switch firms, the regulator's chief said on Tuesday. Richard Ketchum,...

    Tags: Securities, Finance, Investment Service, Financial Markets, Economy, Business and Finance

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