SEC's Levitt proposes changing law that plays role in yield-burning suit

Hume, Lynn
April 1999
Bond Buyer;04/14/99, Vol. 328 Issue 30619, p36
Trade Publication
Reports on the proposal of United States Securities & Exchange Commission (SEC) chairman Arthur Levitt to loosen a provision of the Investment Advisers Act of 1940 and its implication to the case of SEC against Dain Rauscher Inc. Wide range of reaction to the proposal; Assurances from SEC officials that the proposed amendments will not affect investors.


Related Articles

  • Rauscher, SEC seek extensions in case. Hume, Lynn Stevens // Bond Buyer;03/13/98, Vol. 323 Issue 30350, p5 

    Reports on the deadline for Dain Rauscher Inc. to respond to securities fraud charges filed against it by the US Securities & Exchange Commission (SEC). Amendments to the SEC's complaints against the company.

  • Rauscher asks court to dismiss SEC charges. Hume, Lynn Stevens // Bond Buyer;04/01/98, Vol. 324 Issue 30363, p58 

    Reports that Dain Rauscher Inc. is urging a Phoenix, Arizona federal court to dismiss the US Securities and Exchange Commission's charges against it for alleged yield-burning abuses. Firm's contention that the commission has failed to substantiate the charges against them; Overview on the...

  • Dain Rauscher faults SEC for imposing new markup standards. Hume, Lynn Stevens // Bond Buyer;06/29/98, Vol. 324 Issue 30424, p7 

    Asserts that the United States Securities and Exchange Commission should consider writing markup rules instead of trying to retroactively impose new standards on Dain Rauscher Inc. and other municipal dealers. Court case over alleged yield-burning abuses; Securities fraud charges filed against...

  • SEC suggests TBMA is hypocritical over issue of markup standards. Hume, Lynn Stevens // Bond Buyer;07/14/98, Vol. 325 Issue 30434, p1 

    Focuses on the yield-burning lawsuit filed by the United States Securities and Exchange Commission against Dain Rauscher Inc. Lawsuit as part of the agency's efforts to file enforcement actions against dealers for yield-burning cases; Response to the friend-of-the-court brief filed by The Bond...

  • Judge in Rauscher Case Waits on Scheduling. Hume, Lynn Stevens // Bond Buyer;09/16/98, Vol. 325 Issue 30479, p5 

    Reports on United States District Court Judge Roslyn O. Silver's decision to wait for Dain Rauscher Inc.'s response to the amended complaint filed by the Securities and Exchange Commission before setting up a schedule for a trial in the yield-burning case against the company. Complaints against...

  • Dain Rauscher, SEC discuss yield-burning settlement. Hume, Lynn Stevens // Bond Buyer;12/09/98, Vol. 326 Issue 30536, p1 

    Focuses on the efforts of Dain Rauscher Inc. and the Securities and Exchange Commission to explore the possibility of a settlement of the United States agency's yield-burning lawsuit against the firm. Aspects of the precedent-setting court case; Revelation of the settlement talks' existence in...

  • Firms, agencies disagree on markups but may keep talking. Hume, Lynn Stevens // Bond Buyer;06/03/98, Vol. 324 Issue 30406, p4 

    Focuses on the disagreement between financial services industry and United States federal regulators regarding what constitutes an appropriate markup for escrow securities. Problems on the US Securities & Exchange Commission's yield burning case against Dain Rauscher Inc.; Markup proposals by...

  • TBMA brief: SEC uses courts to impose markup standard. Hume, Lynn Stevens // Bond Buyer;06/18/98, Vol. 324 Issue 30417, p1 

    Focuses on The Bond Market Association's (TBMA) submission of a brief regarding the dismissal of the case filed by the United States Securities and Exchange Commission against Dain Rauscher Inc. Reason why the case should be dismissed; Charges placed by SEC against Dain; Importance of the...

  • Yield-burning deal proposed; Rauscher case to go forward. Hume, Lynn Stevens // Bond Buyer;08/14/98, Vol. 325 Issue 30457, p1 

    Focuses on a proposal by broker-dealer firms for a global settlement of their alleged yield-burning abuses with the United States Securities and Exchange Commission (SEC) and other federal agencies. Effort to end a stalemate with federal agencies over the yield-burning dispute; Refusal by Judge...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics