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Posts Tagged ‘SEC’

Cartoon – December 12, 2011 (access required)

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SEC: Investors should be compensated from fund

by Amy McCullough Published: June 17,2011

Tags: investors, ponzi scheme, R. Allen Stanford, SEC

HOUSTON — The U.S. Securities and Exchange Commission has said that many investors who lost money in the alleged Ponzi scheme run by jailed Texas financier R. Allen Stanford should be compensated by a special reserve fund mandated by Congress that protects customers of failed brokerage firms. Mississippians had a total of about $391 million invested [...] [...]

Black bear chosen for Ole Miss mascot

by Associated Press Published: October 14,2010

Tags: mascot, Ole Miss, SEC, University of Mississippi

OXFORD – The University of Mississippi’s new mascot is the Rebel Black Bear, replacing Colonel Reb who was removed from the sidelines because he was too reminiscent of the Old South. The announcement came Thursday after a campuswide vote in February and months of polling. The final three choices were a land shark, a bear and the [...] [...]

Game day means millions to SEC schools, states

by Associated Press Published: October 14,2010

Tags: SEC, sports

NASHVILLE, Tenn. – Fans heading to Southeastern Conference football games are hitting the ATM on the way and bringing their credit cards too. Game day in the SEC is big business and the price tag for the experience can be steep. Devoted fans are anteing up, shelling out millions on hotels, parking, clothing, food and drink to [...] [...]

‘SHOW ME THE MONEY’ (access required)

by Clay Chandler Published: August 1,2010

Tags: College Football, compliance, eligibility, SEC, sports agents

College football grasping to keep agents, lure of cash from tainting eligibility of its athletes   The Southeastern Conference’s chaotic kickoff to each football season happens every year in late July at the Wynfrey Hotel in Birmingham. Media Days, the great gathering of SEC royalty, does not require a dramatic story line to whip fans and media into [...] [...]

Cochran questions SEC’s reform efforts

by Wally Northway Published: April 29,2010

Tags: Congress, SEC, stocks and bonds

WASHINGTON — Sen. Thad Cochran (R-Miss.) is questioning efforts by the Securities and Exchange Commission (SEC) to correct serious problems within the agency that have been linked to financial scandals, such as those by Bernie Madoff and Stanford Financial which hurt investors and the U.S. economy. Cochran, vice chairman of the Senate Appropriations Committee, took part [...] [...]

Judge tosses some claims against ex-Qwest CEO

by Associated Press Published: April 5,2010

Tags: courts, illegal, investments, SEC

DENVER — A federal judge has thrown out some claims in a civil lawsuit the Securities and Exchange Commission filed against former Qwest executives, including former CEO Joe Nacchio. U.S. District Judge Marcia Krieger let stand allegations focusing on whether Denver-based Qwest Communications International Inc. misled investors by not specifying how much of its revenue between [...] [...]

BancorpSouth files with SEC

by Wally Northway Published: March 16,2010

Tags: banking and finance, investing, publicly traded company, SEC, stocks and bonds

TUPELO — BancorpSouth Inc. has filed its Annual Report on Form 10-K for the year ended Dec. 31, 2009, with the Securities and Exchange Commission. As previously announced, the delay in filing the annual report resulted from management’s determination, in consultation with BancorpSouth’s independent registered public accounting firm and with the concurrence of the Audit [...] [...]

Judge to approve Bank of America settlement

by Associated Press Published: February 23,2010

Tags: banking and finance, competition, SEC

NEW YORK — A federal judge said yesterday he would reluctantly approve an amended $150-million settlement between the Securities and Exchange Commission and Bank of America to end civil charges accusing the bank of misleading shareholders when it acquired Merrill Lynch. But U.S. District Court Judge Jed S. Rakoff called the revised pact “half-baked justice at [...] [...]

Toyota served subpoena for Prius documents

by Associated Press Published: February 22,2010

Tags: automobile industry, product recall, product safety, SEC, Toyota

NEW YORK — Toyota said it has received a subpoena from a federal grand jury seeking documents related to unintended acceleration in its vehicles and the braking system of its Prius hybrid. The Japanese automaker also said it received a subpoena from the Los Angeles office of the U.S. Securities and Exchange Commission requesting documents related [...] [...]

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