SEC moves to tighten regulations on money market funds

Sarah N. Lynch Reuters 6/5/2013

A portion of the $2.6 trillion money market fund industry would be required to fundamentally change how it prices its shares under proposals issued by U.S. regulators on Wednesday to reduce the risk of abrupt withdrawals.

But the Securities and Exchange Commission plan was not as strict as some market […]

Sen. Grassley Investigation: SEC Has Destroyed Evidence to Prevent Probe

Uncoverage 8/17/2011

We reported the story yesterday that shameless SEC Chief Mary Schapiro is allowing her agency to be the “useful tool” of retribution of the Chicago-Mafioso-in-Chief, as he seeks to punish S&P for the credit downgrade by alleging “insider trading.”

That predatory witch hunt is a “deflection” of what is REALLY going on: If […]

Obama’s SEC chief gave Mark Madoff a job

14 December 2010

via Dan McLaughlin: Flashback to a Mark Madoff story that got buried in the rush of Obama’s appointments in 2008:

New SEC chief gave Bernard Madoff’s son a job Rosie Lavan The Sunday Times [UK] 18 Dec 2008

Mary Schapiro, Barack Obama’s choice to lead the Securities and Exchange Commission (SEC), […]

SEC backs labor on corporate board votes

Associated Press DEFENDER: SEC Chairman Mary Schapiro says the new proxy-access rules are needed to ensure accountability among corporations.

Business groups denounce move as burdensome, favoring special interests

Patrice Hill The Washington Times 8/25/2010

The Securities and Exchange Commission on Wednesday handed labor and social-activist groups a big victory by approving rules making […]