On Capital Hill, the debate
continues regarding financial reform, as CFTC Chairman Gary Gensler continued
to champion new regulation for OTC derivatives. The SEC brought another case in
its on-going investigation regarding kickbacks relating to the New York state
pension fund and another investment...
Commission's action against Goldman Sachs is the most significant case it
has brought in years. SEC v. Goldman Sachs & Co. , Case No. 3229
(S.D.N.Y. Filed Apr. 16, 2010). The case pits the once revered securities
markets regulator struggling for a come-back against the Wall Street giant...