SEC to consider stronger governance, disclosure requirements for stock exchanges News
SEC to consider stronger governance, disclosure requirements for stock exchanges

[JURIST] SEC Commissioners will vote Tuesday on whether to publish for public comment several proposed rules on the governance, ownership structure and required disclosures for national securities exchanges and registered securities associations that are self-regulating. The proposed rules were formulated following allegations of widespread violations by trading firms at the New York Stock Exchange and government sanctions against several other self-regulating exchanges. All seven specialist firms that operate on the floor of the NYSE were fined several millions of dollars by the SEC earlier this year for allegedly making illegal profits by putting their own trades ahead of other investors. Read the SEC public meeting agenda and watch a live webcast of the SEC meeting. AP has more.

THIS DAY @ LAW

UN Security Council called for Israeli withdrawal from territories occupied in Six Days' War

On November 22, 1967, the UN Security Council called for Israeli withdrawal from territories occupied during the Six Days' War, and for respect of the right of all States in the area to "live in peace within secure and recognized boundaries." Read Resolution 242, which remains a cornerstone of efforts to achieve peace in the Middle East.

President Kennedy assassinated, VP Lyndon Johnson sworn inin

On November 22, 1963, President John F. Kennedy was assassinated in Dallas, Texas. Later that day, Vice-President Lyndon Johnson was sworn in as the 36th President of the United States. Earl Warren, the Chief Justice of the Supreme Court, was later tasked with leading a commission to investigate the assassination. President Johnson received the final report of the Warren Commission on September 24, 1964. Read the Warren Commission Report.