Securities Regulation
Sen. Warren Calls For SEC Review of Icahn as Trump Adviser
United States Senator Elizabeth Warren said the Securities and Exchange Commission should be vigilant in ensuring that billionaire investor Carl Icahn isn't using his role as an adviser to the Trump ...
Trump SEC Pick: No ‘Specific’ Plan to Gut Dodd-Frank
President Donald Trump's pick to lead the Securities and Exchange Commission said he has no specific plans to dismantle regulations implemented under the Dodd-Frank Act, but that the new ...
Ex-CFO of Bankrupt Enron Offers D&O Lessons from Accounting’s ‘Gray’ Areas
Andrew Fastow, former chief financial officer of Enron Corp., a now-defunct energy trading company swept up in a massive fraud scandal in the early 2000s, warned a room full of directors and officers ...
Greenberg, New York AG Dispute Admission of Wrongdoing in Fraud Settlement
Almost a dozen years ago, then-New York Attorney General Eliot Spitzer filed a fraud lawsuit against former American Insurance Group Inc. CEO Maurice "Hank" Greenberg over two reinsurance ...
AIG Fraud Case Aftermath: Greenberg Blasts New York AG for Destroying ‘National Asset’
Maurice "Hank" Greenberg, the former American International Group Inc. chief executive officer, lambasted the New York State attorney general's office after admitting that he approved two reinsurance ...
‘Regtech’ Cos. Stand to Gain From Fragmented Regs of Trump Era
President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape? Companies whose technology helps banks and investors cope with the welter of post financial ...
Nonprofit Urges Buffett’s Berkshire to Dump Fossil Fuel Investments
A Nebraska nonprofit on Friday said it will propose that Warren Buffett's Berkshire Hathaway Inc. sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 ...
‘Unicorn’ Startups in the Crosshairs; New Risks Possible for D&O Insurers
Underwriters of directors and officers (D&O) liability insurance should keep an eye on the increased scrutiny of "unicorn" technology firms by aggrieved shareholders and securities regulators, ...