The SEC’s Investor Advisory Committee, which was formed to give investors a greater voice in the SEC, has “agreed upon an ambitious and wide-ranging agenda.” Or so says a press release issued by the SEC today. For more, please go...
The SEC yesterday charged Nashville-based broker/dealer Morgan Keegan for misleading thousands of investors about the risks of auction rate securities (ARS). Further, the SEC alleges that the firm pushed illiquid auction rate securities on...