Category > Usa

Bureau of Competition Director Issues Statement on FTC's Closure of itsInvestigation of Consummated Hospital Merger in Temple, Texas
Richard Feinstein, Director of the Federal Trade Commission's Bureau of Competition, has issued a statement on the agency's decision to close its investigation into a consummated hospital merger in Temple, Texas.
Source: FTC

SEC Freezes Assets of Florida Resident Stealing Investor Funds for LuxuryPurchases
The Securities and Exchange Commission today announced that Ronald L. Crawford will become the agency's first Chief Counsel for Diversity and Policy Initiatives to further bolster the SEC's commitment to diversity in the workplace.
Source: SEC

SEC Charges Two California FirmsFor Unlawful Short Selling Practices
The Securities and Exchange Commission today separately charged two California investment advisory firms for engaging in improper short selling of securities in advance of their participation in a company's secondary offering. These mark the first cases filed under the SEC's amended Rule 105 of Regulation M, which is designed to prohibit manipulative short selling ahead of follow-on securities offerings.
Source: SEC

SECHalts Internet-Based Scam by Staten Island Firm Luring Investors With Phony Stock Tips and Fictional Trading Experts
The Securities and Exchange Commission today charged a Staten Island, N.Y.-based investment advisory firm and five money managers with operating an Internet-based scam that misleads investors into paying fees for phony stock tips and investment advice from fictional trading experts. The SEC obtained an emergency court order to freeze the assets of the firm and individuals involved.
Source: SEC

FTC andStates Attorneys General to Announce Major Identity Theft Initiative
FTC Chairman Jon Leibowitz and Illinois Attorney General Lisa Madigan will host a press conference at 10:30 CST on Tuesday, March 9, to discuss a major identity theft law enforcement initiative.
Source: FTC

Marketers Banned from Selling Credit Repair and Mortgage Relief Services; Orderedto Pay $7.5 Million
At the Federal Trade Commission's request, a federal court has banned eight companies and their principals from selling credit repair and mortgage relief services, and ordered them to pay more than $7.5 million for deceiving consumers throughout the United States.
Source: FTC

SEC Obtains Asset Freeze of North CarolinaCouple Orchestrating $32.5 Million Investment Scheme
The Securities and Exchange Commission today announced fraud charges and an asset freeze against the perpetrators of a Charlotte, N.C.-based investment scheme that bilked $32.5 million from approximately 500 investors by falsely promising extraordinarily high returns.
Source: SEC

Senior SupervisorsGroup Issues Report on Risk Management Practices
The Senior Supervisors Group that comprises senior financial supervisors from seven countries (United States, Canada, France, Germany, Japan, Switzerland, United Kingdom) today issued a report that evaluates how weaknesses in risk management and internal controls contributed to industry distress during the financial crisis.
Source: SEC

Notice from the President on the Continuation of the National Emergency with Respect to Lebanon
NOTICECONTINUATION OF THE NATIONAL EMERGENCY WITH RESPECT TO THE ACTIONS OF CERTAIN PERSONS TO UNDERMINE THE SOVEREIGNTY OF LEBANON OR ITS DEMOCRATIC PROCESSES AND INSTITUTIONSOn August 1, 2007, by Executive Order 13441, the President declared a national emergency and ordered related measures blocking the property of certain persons undermining the sovereignty of Lebanon or its democratic processes or institutions and certain other persons, pursuant to the International Emergency Economic ...
Source: Whitehouse.gov

Message from the President on the Continuation of the National Emergency with Respect to Lebanon
TO THE CONGRESS OF THE UNITED STATES:Section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)) provides for the automatic termination of a national emergency unless, prior to the anniversary date of its declaration, the President publishes in the Federal Register and transmits to the Congress a notice stating that the emergency is to continue in effect beyond the anniversary date.  In accordance with this provision, I have sent to the Federal Register for publication the enclosed ...
Source: Whitehouse.gov