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Article: Court case questions securities regulation Worldly Wise.
- Article from:
- Gulf News (United Arab Emirates)
- Article date:
- August 18, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Susan Antilla, Special to Gulf News
In case you didn't mark your calendar, August is shaping up as the first-ever "Be Mean to Securities Regulators" month. Palms already are sweaty at the Securities and Exchange Commission, where 'those who didn't catch Bernie' await a report from the agency's Inspector General, David Kotz, who will explain by the month's end how the SEC missed the Madoff scam even after being tipped off to it.
While we're waiting a perfect audience warm-up has arrived in Amerivet Securities Inc v Financial Industry Regulatory Authority, a complaint filed in the District of Columbia Superior Court against Finra, the regulator ...