Court Enters Final Judgments against Brian N. Lines, Scott G.S. Lines, Anthony W. Wile, Wayne E. Wew (formerly Wayne E. Wile), Lines Overseas Management Ltd., LOM Securities (Bermuda) Ltd., LOM Securities (Bahamas) Ltd., LOM Securities (Cayman) Ltd., and LOM Capital Ltd. in Market Manipulation Case The Securities and Exchange Commission today announced that the Honorable […]
Stock of 8000 Inc. (OTC: EIGH) bounced 40% on Friday’s trading session as was predicted by us (read this post) EIGH is still a perfect trading opportunity until it remains liquid.
The Technical Committee of the International Organization of Securities Commissions (IOSCO) has formed a Task Force on OTC Derivatives Regulation (Task Force) in order to coordinate securities and futures regulators’ efforts to work together in the development of supervisory and oversight structures related to over-the-counter (OTC) derivatives markets. IOSCO’s experience in developing objectives and principles […]
Investigation Of Rosand Enterprises And Robert Anderson Of Illinois Launched Following SEC Ponzi Scheme Charges SNSFE has launched an investigation into Robert Anderson of Mt. Prospect, IL and his company Rosand Enterprises following SEC charges that a Ponzi scheme was conducted. The SEC’s complaint alleges that Anderson raised approximately $12 million from at least 77 […]
Settlement Permanently Bars Mozilo from Future Officer or Director Service Washington, D.C., Oct. 15, 2010 — The Securities and Exchange Commission today announced that former Countrywide Financial CEO Angelo Mozilo will pay a record $22.5 million penalty to settle SEC charges that he and two other former Countrywide executives misled investors as the subprime mortgage […]
Washington, D.C., Oct. 14, 2010 — The Securities and Exchange Commission today charged two Florida-based hedge fund managers and their firms with fraudulently funneling more than a billion dollars of investor money into a Ponzi scheme operated by Minnesota businessman Thomas Petters. Additional Materials SEC Complaint http://www.sec.gov/litigation/complaints/2010/comp21694.pdf Litigation Release No. 21694 http://www.sec.gov/litigation/litreleases/2010/lr21694.htm The SEC alleges […]
Dell settles SEC investigation for $100 million A federal judge has approved Dell’s proposed $100 million settlement with the US Securities and Exchange Commission. Dell executives, including Michael Dell, promised US District Judge Richard Leon that the company would change its accounting and disclosure practices, and that Michael Dell would pay a $4 million fine […]
SEC Investigation Finds No Evidence Politics Drove Goldman Suit The U.S. Securities and Exchange Commission’s internal watchdog said he found no evidence a lawsuit against Goldman Sachs Group Inc. was driven by politics or that agency officials timed the case to help President Barack Obama win support for financial-regulation legislation. The SEC’s April 16 announcement […]
Bulletin Board Stocks with daily share/gain over 10% Symbol Company Name Last Net Change % Chg $ Volume Volume FNMA FANNIE MAE 0.3755 0.0455 13.79% $14,550,094 39417967 FMCC FREDDIE MAC (FHLMC) 0.395 0.06 17.91% $4,421,719 11561830 CBIS CANNABIS SCIENCE 0.139 0.0239 20.76% $986,432 7269984 LBYE LIBERTY ENERGY […]
10.15.2010 Pinkshetts Penny Stocks with daily share/value gains over 10% Symbol Company Name Last Net Change % Chg $ Volume Volume LCHL DEFI GLOBAL INC 0.199 0.059 42.14% $3,376,380 19567002 TITXF TITAN MEDICAL INC 1.4792 0.2292 18.34% $1,015,908 693360 FGBF FIRST GLOBAL FINANCIAL 0.3 0.06 25.00% $681,296 1927975 […]
