SEC

Supreme Court won’t hear First Amendment challenge of newsletter prosecution

The U.S. Supreme Court refused to hear an appeal of an investment research company who had published a report of a stock with a statement that the company’s owner later denied saying. -db foxreno.com June 28, 2010 WASHINGTON, D.C. (AP) — The Supreme Court won’t stop the securities fraud prosecution of an investment newsletter that published a report about a stock based on a statement that was later denied by the company’s owner. The high

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Lawsuit filed for names of SEC workers surfing for porn during office hours

The Securities and Exchange Commission porn scandal heated up as a Denver lawyer sued the agency for the names of workers who viewed porn on government computers over the last five years. -db The Washington Post May 12, 2010 By Ed O’Keefe A Denver lawyer is suing the Securities and Exchange Commission for the names of agency workers disciplined in the past five years for viewing pornography on government computers. Kevin D. Evans filed suit

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A SEC lawyer, now running for Congress, disclosed protected information about whistleblower to his employer’s lawyer

The Security Exchange Commission’s commitment to protecting whistleblowers has been brought into question by a case in which a SEC lawyer handed over protected and nonpublic information to the whistleblower’s employer, JPMorgan Chase. -db Politics Daily January 28, 2010 By Michael Smallberg and Adam Zagorin George Demos is a Republican Congressional candidate from Eastern Long Island whose Web site bears the slogan “Fighting for Freedom,” and touts his service as an enforcement lawyer in the

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To fight waste and fraud, tech experts call for real-time reporting on stimulus and bailout spending

Likening audits to delayed autopsies, a panel of technology specialists urged the government to make details of bailout money and stimulus spending available to the public without delay. They say so far real-time disclosure would have saved the taxpayers about $14 billion.  -DB NextGov October 20, 2009 By Gutham Nagesh The federal government can save billions of dollars in fraudulent and wasteful payments by changing the way it collects and stores data submitted by companies

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Security Exchange Commission lags in meeting information requests

A report from the Inspector General criticized the SEC for granting a small percentage of information requests and at a slow rate compared to other federal agencies. -DB Reporters Committee for Freedom of the Press September 29, 2009 By Ansley Schrimpf The Securities and Exchange Commission’s Office of Inspector General released a report on Friday that sharply criticized the agency’s compliance with the Freedom of Information Act. The report, released just two years after an

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