bls2011

Archive for the ‘Banking & Finance’ Category

Third Annual Business Law Conference at Howard University School of Law

In Banking & Finance, Entrepreneurs, Events of Interest (DC), H.U. Business Law Society, Power Moves, Small Business on March 31, 2011 at 1:34 pm

The time is here. We bring you events from all over the Washington, DC area and today we’re bringing you OUR EVENT. We have an amazing line up of entrepreneurs, firm owners, and financial experts descending upon Howard University’s campus Friday, April 1 to share with you their knowledge and experience. This is a stellar event that you do not want to miss! Click this entry for details on panel times and speakers. Read the rest of this entry »

Attorney Career Roundtable

In Banking & Finance, Events of Interest (DC) on November 10, 2010 at 9:42 pm

Calling all students interested in the Financial Industry – this is an event not to be missed! On November 15th, 2010 the Commodity Futures Trading Commission will be hosting a discussion on CFTC attorney career opportunities as well as a networking session with panelists and representatives from various divisions.

SEC Charges New Jersey Investment Adviser in Multi-Million Dollar Offering Fraud

In Banking & Finance on September 21, 2010 at 1:13 pm

Ever wonder how “Bernie Madoffesque” schemes get pulled off? It happens when unscrupulous investment advisers prey on unsophisticated investors…and it’s still happening. Here’s another one for you from New Jersey. Meet Sandra Venetis, who is being charged by the Securities and Exchange Commission with operating a multi-million dollar offering fraud involving the sale of phony promissory notes to investors, many of whom are retired or unsophisticated in investments.

The break down of how this N.J. based firm duped their investors of out of millions in order to bankroll new homes, gambling debts and vacations here: http://sec.gov/news/press/2010/2010-163.htm

SEC Approves Rules Expanding Stock-by-Stock Circuit Breakers and Clarifying Process for Breaking Erroneous Trades

In Banking & Finance on September 21, 2010 at 12:57 pm

FOR IMMEDIATE RELEASE
2010-167

Washington, D.C., Sept. 10, 2010 — The Securities and Exchange Commission today approved new rules submitted by the national securities exchanges and FINRA to expand a recently-adopted circuit breaker program to include all stocks in the Russell 1000 Index and certain exchange-traded funds. The SEC also approved new exchange and FINRA rules that clarify the process for breaking erroneous trades.

The circuit breaker pilot program was approved in June in response to the market disruption of May 6 and currently applies to stocks listed in the S&P 500 Index. Trading in a security included in the program is paused for a five-minute period if the security experiences a 10 percent price change over the preceding five minutes. The pause gives the markets an opportunity to attract new trading interest in an affected stock, establish a reasonable market price, and resume trading in a fair and orderly fashion. The circuit breaker program is in effect on a pilot basis through Dec. 10, 2010.

Read the details of the rule at the SEC’s website: http://sec.gov/news/press/2010/2010-167.htm

Banks Get New Restraints – Historic Refashioning of Rules Aims to Trim Risk-Taking, Limit Future Crises

In Banking & Finance on September 14, 2010 at 7:09 am

Global regulators pushed through a historic remake of the world’s banking regulations—forcing financial institutions to increase protections against unexpected losses—with the ripple effects likely to impact everything from mortgages to commercial loans to credit cards in coming years. Read the rest of this entry »