Jeff Smisek exits as federal officials investigate whether airline improperly tried to influence officials at the Port Authority of New York and New Jersey.
The SEC told a federal judge his delay in ruling on whether Congressional staffers must obey subpoenas is impeding an insider-trading probe tied to the U.S. House Ways and Means Committee.
SEC announced today an enforcement action against the NYSE and two affiliated exchanges for their failure to comply with the responsibilities of self-regulatory organizations (SROs) to conduct their business operations in accordance with Commission-approved exchange rules and the federal securities laws.
The SEC has charged a stockbroker and a managing clerk at a law firm with insider trading around more than a dozen mergers or other corporate transactions for illicit profits of $5.6 million during a four-year period.
The Securities and Exchange Commission has charged motion picture company Lions Gate Entertainment Corp. with failing to fully and accurately disclose to investors a key aspect of its effort to thwart a hostile takeover bid.
The SEC announced a new cooperation initiative out of its Enforcement Division to encourage issuers and underwriters of municipal securities to self-report certain violations of the federal securities laws.