SEC Charges Eleven In Conn. Pension Case
- SEC Warns Public Pension Funds about Inadequate Compliance Procedures. // ComplyNet;Mar2008, p8
The article announces a report issued by the U.S. Securities and Exchange Commission (SEC) that warns public pension funds about inadequate compliance procedures. The Commission's Report of Investigation stems from an insider trading inquiry into stock purchases by The Retirement Systems of...
- The Securities and Exchange Commission. // Gay & Lesbian Times;11/22/2006, Issue 987, p10
The article discusses the U.S. Securities and Exchange Commission's (SEC) ruling that the city of San Diego, California has defrauded investors by failing to disclose the intentional underfunding of its employee pension and health care plans. The SEC also cited the failure of the city to report...
- WHEN OUT ON A LIMB, DON'T GRASP AT STRAWS. Wolpin, Bill // American City & County;Sep2010, Vol. 125 Issue 9, p6
The author discusses the pension problems by several U.S. states and the use of accounting tricks or deception by some to confuse bond investors. The state of New Jersey was accused by the Securities and Exchange Commission (SEC) of securities fraud for allegedly selling bonds worth 26 billion...
- The Survey Says… Hedge Funds Rock? Terzo, Gerelyn // Investment Dealers' Digest;2/23/2009, Vol. 75 Issue 8, p5
The article discusses the access provided for some institutional investors to some hedge funds in 2009 in the U.S. According to the survey conducted by the research firm Preqin, in spite of the $8 billion alleged investment strategy disclosed by the U.S. Securities and Exchange Commission, there...
- Illinois Settles SEC Fraud Charges Over Pension Disclosures. Hume, Lynn // Investment Management Mandate Pipeline;3/11/2013, p9
The article reports that Illinois has agreed to settle with the U.S. Securities and Exchange Commission (SEC) over securities fraud charges for misleading investors about its approach to funding its pension obligations. The SEC discovered that Illinois failed to inform investors about the...
- Paying to play. // Pensions & Investments;5/17/1999, Vol. 27 Issue 10, p12
Reports on the proposal of the United States Securities and Exchange Commission to ban pay-to-play at pension funds. Power of consultants and the pay to play they generate in the investment management community; Political campaign contributions to officials at pension funds.
- SEC will challenge some return assumptions. Anand, Vineeta // Pensions & Investments;2/3/2003, Vol. 31 Issue 3, p1
Reports on U.S. Securities and Exchange Commission's plan to challenge corporations with pension funds that assume long-term rates of return of nine percent as of February 03, 2003. Impact of SEC pronouncements companies; Reduction in pension funds' long-term rates by companies.
- Be watchful. // Pensions & Investments;7/10/2000, Vol. 28 Issue 14, p10
Editorial. Focuses on the commission of securities fraud by investment managers in the United States. Surprise over the charges brought against William M. Stephens; Guilty plea of Paul J. Silvester, who was sole trustee of Connecticut's pension fund; Concerns over the level of scrutiny by the...
- TEXAS: Obeying the SEC. Albanese, Elizabeth // Bond Buyer;1/22/2002, Vol. 339 Issue 31308, p37
Reports on the plans of two former Arlington City Council members to close their investment management business as a result of securities fraud lawsuit by the U.S. Securities and Exchange Commission. Allegations against companies involved in the fraud.