Financial Reporting Renders Health Care Reform Unconstitutional
JURIST Guest Columnist Joseph Marren, President and Chief Executive Officer of KStone Partners LLC, says that the recent health care reform act may be unconstitutional due to inaccurate financial reporting to the states and the public at large...This spring the...
US prosecutors charge 7 in $62 million insider trading scheme
US officials on Wednesday announced charges against seven individuals purportedly involved in a $62 million insider trading scheme. The individuals, who worked for five different investment institutions, are accused of earning illegal profits on the basis of insider...
Former Galleon Group hedge fund executive Raj Rajaratnam on Monday began serving his prison sentence at a Massachusetts military base. A judge in October sentenced Rajaratnam to 11 years in prison, fined him $10...
Wall Street organizations International Swaps and Derivatives Association (ISDA) and Securities Industry and Financial Markets Association (SIFMA) on Friday filed a lawsuit challenging a regulation implemented by the Commodity Futures Trading Commission (CFTC) ...
JURIST Guest Columnist Daniel Joyner of the University of Alabama School of Law says the IAEA went outside of its legal mandate with its latest report on Iran, a move that has been viewed by some states as indicating the...
US hedge fund founder ordered to pay record penalty for insider trading
The US District Court for the Southern District of New York Tuesday ordered Galleon Group hedge fund founder Raj Rajaratnam to pay an unprecedented civil penalty for insider trading. In a thorough analysis of the...
Former Goldman Sachs Director Rajat Gupta was arrested Wednesday on five counts of securities fraud and one count of conspiracy to commit securities fraud. The charges come in connection to his relationship with Raj Rajaratnam...
Hedge fund executive Rajaratnam sentenced to 11 years for insider trading
A judge in the US District Court for the Southern District of New York on Thursday sentenced former Galleon Group hedge fund executive Raj Rajaratnam to 11 years in prison, fined...
Andrew Cali-Vasquez, St. John's University School of Law Class of 2012, is the author of the sixth article in a ten part series from the staffers of the Journal of Civil Rights and Economic Development under the direction of Professor...
The US Court of Appeals for the District of Columbia Circuit on Friday overturned the Securities and Exchange Commission (SEC) "proxy access" rule. The rule allowed certain shareholders to have their board nominees...
