Securities and commodities violation

Securities and commodities violations . . .

Recent Cases/Related Articles

• banking
• William H. Donaldson
• Enron
• Freddie Mac/Freddie Mac
• ImClone Systems/ImClone Systems
• Interspeed, Inc./Interspeed, Inc.
• Oracle-PeopleSoft Deal/Oracle-PeopleSoft Deal
• Martha Stewart Living Omnimedia/Martha Stewart
• MedImmune/MedImmune
• Harvey L. Pitt
• Securities and Exchange Commission
• Qwest
• WorldCom/MCI/WorldCom/MCI
• Xerox/Xerox

Regulation and Oversight

• or lack thereof, ... http://www.whitehouseforsale.org/

• Scandalous Measures, A.C. Thompson and James A. Thompson, 19 November 2003, In These Times:
  The Bush administration is quietly seeking to roll back oversight of the banking business and the scandal-riddled securities market through two pending proposals--a planned rule change for the banking industry and a house bill--that diminish the ability of states to police banks and stock brokers.
  • Formulated by the Office of the Comptroller of the Currency, the shakeup would nullify state banking laws stricter than federal regulations. Headed by John D. Hawke, Jr., a K-Street player who's worked for Democrats and Republicans, the OCC is a little-known regulatory backwater but it wields a vast amount of power over the nation's financial institutions.
  • The banking proposal looks suspiciously like another Bush administration scheme: HR 2179, a House bill introduced this session by Rep. Richard Baker (R-La.) and supported by Rep. Michael Oxley, (R-Ohio), Bush's point man on corporate crime. The pending legislation is supposed to beef up the anemic and long-under-funded Securities Exchange Commission. But it, too, would curb the power of states to combat stock market scams.

External links

• Floyd Norris, S.E.C. Takes On Commissions, The New York Times, June 11, 2003.
• Wall Street Windfall