“U.S. Securities and Exchange Commission” on The Daily Caller

The 2010 college football season began under a cloud of NCAA-related scandals. Is it about to end in a cataclysmic thunderstorm? (more)

The first BCS standings are out and Boise State is already chasing a couple of teams from the power conferences. (more)

The Chicago Board of Elections said no complaints have been filed following allegations that First Lady Michelle Obama violated Illinois election law Thursday. (more)

On May 6, the Dow plunged hundreds of points in a matter of minutes for reasons that most investors couldn’t explain. Amazingly, even as Jim Cramer was melting down live on CNBC, the market zoomed right back up just as quickly, leaving everyone, including the SEC, to wonder what had just happened. The incident has become known as the “flash crash” in investment circles. (more)

The sweet recitation of Shakespeare isn’t commonly found in a meeting discussing of complex securities. However, the Bard was used Tuesday to further the discussion of clearing the $615 trillion over-the-counter derivatives market as the U.S. futures regulator in charge of prescribing new rules to the financial bill stressed the importance of global partnerships. (more)

The other week, Symantec, the Fortune 500 company that makes computer security software, held the first Internet-only annual meeting. There were a couple screw-ups, however. (more)

We skeptics of free trade are used to being told, “You don’t understand economics.”  In fact, one major reason I wrote the book Free Trade Doesn’t Work was simply to expose, once and for all, that there do exist extremely serious and intellectually reputable arguments, within the confines of accepted mainstream economics, which question free trade.  And indeed they exist. (more)

U.S. regulators will vote next week on rules that may make it harder for companies to mask debt after Lehman Brothers Holdings Inc. was accused of misleading investors by temporarily moving assets off its books. (more)

The federal government has taken great pains to tout the benefits of its $50 billion bailout of General Motors, but some officials may need to keep quiet about the company’s future success if they want the Securities and Exchange Commission to approve a sale to new investors any time soon. (more)

As I walked into the University of Florida’s preseason football Media Day recently, the first question I got from one of my fellow reporters was, “Wow, what about that UCF football babe?” (more)

Speculation in the nation’s capital on who will replace Robert Gates at the Pentagon has centered on an intriguing possibility: Hillary Clinton. (more)

The sweeping financial reform bill that President Obama signed into law last month included one key provision that has gone largely under the radar. According to Section 748 of the bill –entitled “COMMODITY WHISTLEBLOWER INCENTIVES AND PROTECTION” — employees at financial institutions and businesses on Wall Street can now be awarded large sums of money by the federal government in return for informing the Securities and Exchange Commission (SEC) of internal fraud and abuse. (more)

Samuel Wyly and Charles Wyly — billionaire brothers in Texas who have spent millions funding political campaigns — committed violations of federal securities laws and fraud by using offshore accounts to secretly trade the shares of public companies whose boards they sat on, reaping more than $550 million in profit, according to a Securities and Exchange Commission complaint filed Thursday. (more)

So much for transparency. (more)

Dell has agreed to pay $100 million in civil penalties to settle U.S. Securities and Exchange Commission charges that the company used fraudulent accounting to appear to meet Wall Street earnings targets. (more)

The new financial reform law has what some lawyers call a secret weapon against fraud on Wall Street and in corporate America: the promise of a million-dollar jackpot to insiders who reveal an illegal scheme to the government. (more)

So long Glass-Steagall. Hello Dodd-Frank–the most comprehensive rewrite of financial rules since 1933. This 2,319-page colossus–10 times the length of Glass-Steagall–took 1.5 years to produce and will cost $30 billion and many more years to implement. Will all this time and treasure make Wall Street safe for Main Street? (more)

Pres. Obama is the best fundraiser the Dem Party has, but his drawing power is way down from its peak during the ’08 campaign. (more)

Congress will break this weekend not quite done on “financial reform.” A defeat of this bill would help avoid a double dip recession. The bill is dishonest because it does not deal with Fannie or Freddie, the main engines of our collapse. The bill’s deafening silence on these two institutions means it is posturing, not helping. In the short term, which is what you would think Congress cares about, the bill is deflationary because it takes precious capital from the banking industry while cutting alternatives available to consumers. It is not a coincidence that the stock market is breathing heavily and making new lows as the prospects for this “overhaul” have brightened. (more)

The Securities and Exchange Commission on Wednesday tightened restrictions against “pay-to-play” practices in the municipal securities market. (more)