The Securities and Exchange Commission voted unanimously on Wednesday, June 20, 2007, to adopt amendments to strengthen Rule 105 of Regulation M.
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The Securities and Exchange Commission announced on June 15 that David Brown has become the first Archivist of the agency.
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The Securities and Exchange Commission announced on June 14 that distributions from its Fair Fund to investor victims of the WorldCom, Inc. accounting fraud have surpassed $500 million.
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The Securities and Exchange Commission announced on June 14 that it has completed a comprehensive Capital Market Development and Oversight Training Program in the Middle East, held in Manama, Bahrain, from June 3-6.
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On June 14th the Securities and Exchange Commission filed suit against the principals of a micro-cap technology company as well as two securities lawyers for their role in an illegal "pump and dump" scheme.
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The Securities and Exchange Commission voted on June 13 to take additional steps to better safeguard investors and protect the integrity of the markets during short selling transactions by closing loopholes in Regulation SHO and further reducing persistent failures to deliver stock by the end of the standard three-day settlement period for trades.
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The Securities and Exchange Commission announced on June 13 the distribution of $73 million to a second group of investors harmed by fraudulent market timing in the PBHG Funds between June 1998 and December 2001.
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The Securities and Exchange Commission announced on June 12 the panelists and final agenda for the June 19th Roundtable on Rule 12b 1 under the Investment Company Act of 1940.
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The Securities and Exchange Commission announced on June 8th the final agenda and participants for the upcoming roundtable on mutual recognition scheduled for June 12, 2007.
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The Securities and Exchange Commission announced on June 5th a settled enforcement action against International Business Machines Corporation for making materially misleading statements in a chart concerning the impact that the company's decision to expense employee stock options would have on its first quarter 2005 (1Q05) and fiscal year 2005 (FY05) financial results. The misleading chart caused analysts to lower their earnings per share (EPS) estimates for the company.
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