Treasury secretary to propose strengthened regulations in response to financial crisis
US Treasury Secretary Timothy Geithner said that the US Department of the Treasury will propose stronger rules in response to the current economic crisis, at a meeting with the Council on Foreign...
FBI director says financial fraud cases are limiting ability to fight other crime
FBI director Robert Mueller told the Senate Judiciary Committee Wednesday that the rise in financial fraud investigations is limiting the ability of the FBI to fight other crimes. Mueller, speaking during the "Oversight of...
Indictment of Bernard Madoff's accountant could signal further liability for auditors
John H. Eickemeyer : "The indictment if Mr. Friehling is hardly unexpected, as is the accompanying civil action by the SEC. The conduct alleged in the complaint certainly goes beyond poor auditing - in essence, Mr. Friehling...
The US Court of Appeals for the Second Circuit ruled Friday that Bernard Madoff must remain in jail as he awaits sentencing. The ruling affirms last week's ruling by the US...
President Obama should address easily exploited non-uniform state gun laws
Frida Berrigan : "Hidden amidst news of the global financial meltdown, the Bernie Madoff guilty pleas and spring's slow approach in the last week, was the story of global gun violence....
The US Securities and Exchange Commission (SEC) on Wednesday charged accountant David Friehling with fraud for his alleged role in the securities fraud scheme committed by financier Bernard Madoff . In...
US financier Bernard Madoff pleaded guilty Thursday in federal court to all 11 charges of securities fraud . The plea was entered at a hearing before Judge Denny Chin of the US District...
International finance court should be formed to hear Madoff cases: lawyers group
A group of lawyers called Monday for the formation of an International Finance Court to adjudicate the issues around the Bernard Madoff fraud case. The Madoff Case Global Alliance of Law Firms, established last month [press...
US Securities and Exchange Commission (SEC) chairman Mary Schapiro on Thursday named Robert Khuzami as the new director of the SEC's Division of Enforcement. Khuzmani replaces former director of enforcement Linda Thomsen,...
The US Securities and Exchange Commission (SEC) charged financier Allen Stanford Tuesday with orchestrating a fraudulent $8 billion investment scheme by selling certificates of deposits on the promise of improbably...
