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A collection of news and information related to U.S. Securities and Exchange Commission published by this site and its partners.

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    Jun 16, 2013 |Story| Los Angeles Times
  1. Corinthian Colleges' stock tumbles 23% since disclosing SEC probe

    Shares of Corinthian Colleges Inc. fell 23% last week after the Santa Ana for-profit college chain disclosed that the Securities and Exchange Commission had launched an investigation into the company.
    Shares of Corinthian Colleges Inc. fell 23% last week after the Santa Ana for-profit college chain disclosed that the Securities and Exchange Commission had launched an investigation into the company. Corinthian said it received a subpoena this month...

    Tags: Colleges and Universities, Leon Panetta, National Government, For-Profit Colleges, Students

  2. Jun 13, 2013 |Story| Los Angeles Times
  3. Revlon fined $850,000 by SEC, accused of misleading investors

    Cosmetics giant Revlon Inc. is facing a $850,000 fine from the Securities and Exchange Commission, which alleges the company misled investors as it tried to tackle its debt.
    Cosmetics giant Revlon Inc. is facing a $850,000 fine from the Securities and Exchange Commission, which alleges the company misled investors as it tried to tackle its debt. Without admitting or denying fault, the New York company agreed to settle...

    Tags: Revlon Incorporated, Marketing, Analysts' Comments

  4. Jun 11, 2013 |Story| Los Angeles Times
  5. Snowden's dilemma: What are the possibilities for asylum?

    If Edward J. Snowden, who says he leaked National Security Agency secrets, wants to stay out of the clutches of U.S. judicial authorities, his choices for seeking asylum are few and, literally, far between.
    If Edward J. Snowden, who says he leaked National Security Agency secrets, wants to stay out of the clutches of U.S. judicial authorities, his choices for seeking asylum are few and, literally, far between. Only Iceland would seem to meet the conditions...

    Tags: Comverse Technology Incorporated, Central Intelligence Agency, International Law, Espionage and Intelligence, Hong Kong

  6. May 31, 2013 |Story| Los Angeles Times
  7. AIG sale of aircraft leasing firm to Chinese investors hits snag

    Insurance giant American International Group Inc.’s attempt to sell its Century City aircraft leasing company to a consortium of Chinese investors has run into turbulence because a deposit payment was not received on schedule.
    Insurance giant American International Group Inc.’s attempt to sell its Century City aircraft leasing company to a consortium of Chinese investors has run into turbulence because a deposit payment was not received on schedule. AIG revealed in a...

    Tags: China, American International Group

  8. May 31, 2013 |Story| Los Angeles Times
  9. Sale of AIG's ILFC unit to Chinese investors hits a snag

    Insurance giant American International Group Inc.'s attempt at selling its Century City aircraft-leasing company to a consortium of Chinese investors has run into turbulence because a deposit payment was not received on schedule.
    Insurance giant American International Group Inc.'s attempt at selling its Century City aircraft-leasing company to a consortium of Chinese investors has run into turbulence because a deposit payment was not received on schedule. AIG revealed in a...

    Tags: Financing and Stock Offerings, Federal Reserve, Economy, Business and Finance, CEO Pay, China

  10. May 29, 2013 |Story| Los Angeles Times
  11. Nasdaq says it has added new safeguards since marred Facebook IPO

    NEW YORK -- Exchange operator Nasdaq OMX Group says it has put new safeguards in place in the year since it botched Facebook's initial public stock offering.
    NEW YORK -- Exchange operator Nasdaq OMX Group says it has put new safeguards in place in the year since it botched Facebook's initial public stock offering. As the U.S. Securities and Exchange Commission was announcing that Nasdaq had agreed to pay a...

    Tags: Media Industry, Financing and Stock Offerings, Initial Public Offerings, NASDAQ, Stock Market

  12. May 30, 2013 |Story| Los Angeles Times
  13. Nasdaq settles Facebook IPO debacle with SEC

    NEW YORK — Nasdaq OMX Group will pay $10 million for botching Facebook's initial public stock offering last year, a debacle that shook investors' confidence in Wall Street.
    NEW YORK — Nasdaq OMX Group will pay $10 million for botching Facebook's initial public stock offering last year, a debacle that shook investors' confidence in Wall Street. Nasdaq's penalty would be the biggest ever paid by an exchange, said the...

    Tags: Media Industry, Financing and Stock Offerings, NYSE Euronext, Inc., Social Media, Initial Public Offerings

  14. Jun 7, 2013 |Story| Los Angeles Times
  15. Disney's Bob Iger and Jay Rasulo net big gains on stock sales

    Walt Disney Co. Chairman and Chief Executive Robert Iger and Chief Financial Officer James Rasulo sold large quantities of company stock in mid-May, when shares of the Burbank entertainment giant were near an all-time high.
    Walt Disney Co. Chairman and Chief Executive Robert Iger and Chief Financial Officer James Rasulo sold large quantities of company stock in mid-May, when shares of the Burbank entertainment giant were near an all-time high. Iger sold 1 million shares of...

    Tags: Earnings, Corporate Officers, Robert A. Iger, Johnny Depp, Companies and Corporations

  16. May 31, 2013 |Story| AP Member Choice Complete
  17. Dell board recommends Michael Dell's buyout offer

    The Dell Inc. board is standing behind a buyout offer from Michael Dell, the company's chief executive and founder, and it has asked shareholders of the slumping PC maker to approve the deal in a July 18 vote. The company's announcement Friday is the...

    Tags: Computing and Information Technology Industry, Michael S. Dell, Companies and Corporations, Dell Inc., Carl Icahn

  18. May 29, 2013 |Story| Los Angeles Times
  19. Nasdaq to pay $10 million for botching Facebook IPO

    NEW YORK -- The Nasdaq OMX Group will pay $10 million for botching Facebook's initial public offering last year, a debacle that shook investors' confidence in Wall Street.
    NEW YORK -- The Nasdaq OMX Group will pay $10 million for botching Facebook's initial public offering last year, a debacle that shook investors' confidence in Wall Street. Nasdaq's penalty would be the biggest ever paid by an exchange, said the U.S....

    Tags: Financing and Stock Offerings, Media Industry, Social Media, Initial Public Offerings, NASDAQ

  20. May 24, 2013 |Story| Los Angeles Times
  21. China gives U.S. regulators access to audit records

    China agreed to give a U.S. regulator access to documents from Chinese accounting firms, moving toward a resolution of a dispute that could have pushed the country's companies to stop trading on U.S. stock markets. The Public Company Accounting Oversight...

    Tags: KPMG, Deloitte Touche Tohmatsu Ltd., China, PricewaterhouseCoopers, Accounting and Auditing

  22. May 25, 2013 |Story| Los Angeles Times
  23. Obama nominates 2 Senate aides as SEC commissioners

    Two senior U.S. Senate aides were nominated by President Obama to join the Securities and Exchange Commission. Kara M. Stein would replace Elisse B. Walter as a Democratic commissioner and Michael S. Piwowar would succeed Troy A. Paredes as a...

    Tags: Tim Johnson, Elections, Elisse Walter, Mary Jo White, U.S. Senate Committee on Banking, Housing, and Urban Affairs

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