Commentaries

Finra messed up, what a shock

October 3, 2009

The report by Finra on its failure to detect the alleged Ponzi scheme at Allen Stanford’s offshore bank is no shock.

The SEC’s animal house

September 3, 2009

Mary Schapiro wants her lawyers and investigators at the Securities and Exchange Commission to go back to school. Specifically, she wants them to enroll in something she calls “fraud college.”

The SEC is still lame

August 11, 2009

Don’t believe the hype about the new sense of “urgency” at the Securities and Exchange Commission.

Flash Schumer scores a victory–almost

August 4, 2009

It appears Senator Chuck Schumer, aka Flash Gordon ,is going to get his way on the dubious practice of “flash trades.” Maybe.