Robert W. Cook, former director of the division of trading and markets of the U.S. Securities and Exchange Commission, will return to Cleary Gottlieb Steen & Hamilton LLP as a partner. He will be based in the firm’s Washington office and will focus on securities, derivatives, and market regulation, the firm said.
It had been two days since U.S. lawmakers negotiated all night to finish rules that would reshape the business of Wall Street. The 20-hour session left legislators, aides, lobbyists and regulators exhausted. Almost no one had a grip on all the details.
Former U.S. Securities and Exchange Commission general counsel David Becker said he didn’t violate the law when he worked on policy about the Bernard Madoff case after inheriting money from the Ponzi scheme.
The U.S. Securities and Exchange Commission’s inspector general plans to ask the Justice Department to review whether the agency’s former top lawyer violated conflict-of-interest laws, according to three people with knowledge of the watchdog’s findings.
Two days after U.S. lawmakers negotiated all night to finish rules that would reshape the business of Wall Street, Annette Nazareth weighed in. That Sunday morning, she e-mailed a dozen Securities and Exchange Commission officials about the bill that would become the 2,300- page Dodd-Frank Act, Bloomberg News’s Robert Schmidt and Jesse Hamilton report.
Seagate Technology, the world’s largest maker of hard disk drives, is based in Scotts Valley, California. Yet the documents it files with the Securities and Exchange Commission list its address on South Church Street in George Town, the capital of the Cayman Islands, David Evans of Bloomberg News reports.
On a stormy night in October 2009, Mary Schapiro , the newly appointed head of the U.S. Securities and Exchange Commission, returned to her alma mater, Franklin & Marshall College in Lancaster, Pennsylvania, to be inducted into the hall of fame for student athletes. Receiving her award, she grasped the podium, confessed she was near tears and spoke of how she had never even seen a lacrosse game before attending college.