United States Securities And Exchange Commission

Latest United States Securities And Exchange Commission Items
  • "Firms that conduct audits knowing they cannot comply with laws requiring access to these work papers face serious sanctions," said Robert Khuzami, SEC enforcement director. (Associated Press)

    Chinese firms refuse to comply with SEC

    Federal regulators have charged the Chinese affiliates of five of the biggest U.S. accounting firms with impeding the government's investigation of Chinese companies by refusing to turn over documents.


  • Elisse B. Walter served under Mary L. Schapiro at the Securities and Exchange Commission and she will succeed Ms. Schapiro as chairwoman, President Obama announced. (Associated Press)

    Schapiro leaving SEC; Obama picks replacement

    The leadership of the Securities and Exchange Commission will change next month. Its approach to regulation probably won't.


  • NY feds claim most lucrative insider trading case

    A former hedge fund portfolio manager was arrested Tuesday on charges that he helped carry out the most lucrative insider trading scheme in U. S. history, enabling investment advisers and their hedge funds to make more than $276 million in illegal profits.


  • Tom Kilgore (AP photo)

    TVA's top executive gets 10 times Obama's pay

    The Tennessee Valley Authority is owned by the federal government and provides electricity to millions of customers in seven states, including Virginia, but the salaries it pays its executives aren't anything like what most federal workers can imagine.


  • SEC joins scrutiny of D.C. CFO's office

    Troubles mounted on disparate fronts for D.C. Chief Financial Officer Natwar M. Gandhi on Tuesday with fresh accusations of employee-driven fraud in his office's tax division and an "informal inquiry" from the Securities and Exchange Commission compounding the scrutiny the city's purse-minder has endured for weeks.


  • Economy Briefs: Agency clears way for AT&T to use airwaves

    Federal regulators are letting AT&T use an unused part of the airwaves for mobile broadband, potentially increasing the speed and capacity of its new LTE network.


  • A Pepco electrical engineer attempts to repair and replace downed power lines. (Andrew S. Geraci/The Washington Times)

    Pepco OKs big lawyer pay raise, severance

    Amid a looming labor crisis and push for rate increases, the utility serving the nation's capital has given a big pay raise to the newly hired top lawyer and a $700,000 severance deal that will keep the company's longtime general counsel around for years in a newly created consultant's job, regulatory filings show.


  • Cisco CEO's pay package dipped 9 pct in past year

    Cisco Systems Inc. trimmed CEO John Chambers' pay package for the past fiscal year by 9 percent as concerns about growth at the maker of computer networking equipment weighed on the company's stock.


  • Breuer

    Swiss company Tyco to pay $26M in U.S. corruption probe

    Tyco International Ltd., along with a subsidiary that pleaded guilty Monday to criminal charges of conspiring to violate the Foreign Corrupt Practices Act, has agreed to pay more than $26 million to resolve allegations brought by the Justice Department and U.S. Securities and Exchange Commission.


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