Latest News

The Securities and Exchange Commission today charged that Goldman, Sachs & Co. lacked adequate policies and procedures to address the risk that during weekly “huddles,” the firm’s analysts could share material, nonpublic information about upcoming research changes. Huddles were a practice where Goldman’s stock research analysts met to provide their best trading ideas to firm traders and later passed them on to a select group of top clients.

Washington, DC - The Securities and Exchange Commission today announced the formation of a new Investor Advisory Committee required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The Securities and Exchange Commission today charged a Silicon Valley man who raised millions for two Internet start-ups by falsely promising investors that his companies were on the verge of undergoing successful initial public offerings and were well on their way to becoming the “next Google.”

The State Department’s Bureau of International Narcotics and Law Enforcement Affairs (INL) announced a $13 million grant to the University of Washington (UW) Law School’s Asian Law Center to continue an innovative legal education program for Afghanistan. The Legal Educators Support Program - Afghanistan (LESPA), administered through the University of Washington Law School, provides graduate education opportunities to Afghan law deans, professors, and other professionals who will return to Afghanistan to continue as legal educators in universities.

Washington, DC - The Securities and Exchange Commission announced that it has obtained a court-ordered freeze of the assets of six Chinese citizens and one British Virgin Islands entity charged with insider trading in Zhongpin Inc., a China-based pork processor whose shares trade in the U.S.