Just weeks after a Florida federal judge dismissed the Securities and Exchange Commission's civil enforcement action accusing five executives of a failed real estate company of operating a $300 million Ponzi scheme, the Department of. Justice announced... Read More
WASHINGTON, D.C. — (Mealey’s) Bank of America Corp. on Wednesday agreed to pay $9.3 billion to settle claims in four separate lawsuits that it, as well as Merrill Lynch & Co. and Countrywide Financial Corp., sold toxic, private-label,... Read More
Eric J. Brown, Matthew J. Collins, Kevin J. Walsh, Mark W. Wells , Exchange Act Rel. 66469, February 27, 2012 The Commission upheld sanctions against three respondents in connection with sales or supervision of sales of variable annuities. It... Read More