BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
WASHINGTON—The Securities and Exchange Commission filed a record 735 enforcement actions in the fiscal year ended Sept. 30, the agency said Wednesday.
The SEC said this includes many cases involving highly complex products, transactions and market practices, including those related to the financial crisis as well as insider trading by market professionals.
The SEC said the total included 15 separate actions, naming 17 individuals, involving wrongdoing related to the financial crisis. These individuals included 16 CEOs, chief financial officers and other senior corporate officers. The SEC said it has filed 36 separate actions in financial crisis-related cases against 81 defendants during the past two-and-a-half years.
The SEC also filed 57 insider trading cases in fiscal year 2011, a nearly 8% increase. Other enforcement actions include 89 actions related to financial fraud and issuer disclosure violations. In addition, it brought 136 enforcement actions related to investment advisers and investment programs, among other actions.
The SEC said in its statement that in 2009 and 2010, its enforcement division underwent its most significant reorganization since its establishment in the early 1970s, which included flattening its management structure and revamping the way it handles tips and complaints.
WASHINGTON—A report issued Friday by the U.S. Securities and Exchange Commission found that problems remain at 10 rating agencies it examined despite the agencies' efforts to improve their operations.