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News & Updates
Source: The NonProfit Quarterly
Do some nonprofit organizations pay too much compensation? If recent news stories are any indication, the answer is an emphatic “yes.” Not a week goes by without reading about a nonprofit executive earning more than one would...
Source: The Jerusalem Post
Prestigious international commission recommends an end to the war on drugs as we know it. In 1920 the United States embarked on a “noble experiment”: a nationwide ban on the production, sale and consumption of alcoholic...
SAC Capital Advisors LP, a U.S. hedge fund firm run by Steven Cohen, is the focus of an insider- trading inquiry by the Securities and Exchange Commission, the Wall Street Journal reported, citing unidentified people familiar...
Former Nasdaq Stock Market Managing Director Donald Johnson pleaded guilty to using information gleaned from his position with the exchange to engage in insider trading, the U.S. Justice Department said.
May 26, 2011 SEC: Bigger potential payouts for whistleblowersSource: MarketWatch
In a split vote, the Securities and Exchange Commission decided Wednesday to adopt controversial regulations that would allow whistleblowers to be rewarded with 10% to 30% of the fines and penalties collected in enforcement...
Parnon Energy Inc., an oil logistics company, and Arcadia Petroleum Ltd., a London-based oil trader, were sued by the U.S. Commodity Futures Trading Commission over claims they manipulated prices for oil and oil futures. Parnon...
Source: LA Times
California's political watchdog agency has opened an investigation into gifts to state pension officials from private equity fund managers.The state's Fair Political Practices Commission is conducting the investigation, made...
Source: Securities and Exchange Commission
Washington, D.C.– The Securities and Exchange Commission today entered into a Deferred Prosecution Agreement (DPA) with Tenaris S.A. in its first-ever use of the approach to facilitate and reward cooperation in SEC...
Source: NY Times
The New York attorney general has requested information and documents in recent weeks from three major Wall Street banks about their mortgage securities operations during the credit boom, indicating the existence of a new...
At least 219 former officials at the Securities and Exchange Commission have left since 2006 to help clients with business before the agency, bringing fresh allegations of a "revolving door" that leaves the commission too cozy...
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