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SEC's Porn-Watching Employees Earned Over $200,000 Per Year

It's safe to say that spending eight hours of company time watching pornography would get most workers canned. Not so at the Securities and Exchange Commission, it seems. New documents regarding a 2005-10 investigation into the agency's porn-surfing employees reveal that several workers were "disciplined" for downloading...

SEC: Insider Trading Ring Reached Into Goldman's Boardroom

The Securities and Exchange Commission today accused a former board member of Goldman Sachs and Procter & Gamble of illegally providing tips to his friend and partner, hedge fund manager Raj Rajaratnam, as part of a skein of insider trading schemes that generated more than $18 million in illicit profits. Rajat K. Gupta,...

Ex-Goldman Sachs Director Charged With Insider Trading

WASHINGTON -- Federal regulators have charged a former Goldman Sachs board member with insider trading, saying he provided confidential information to the central figure in a major hedge fund probe. The Securities and Exchange Commission announced the civil charges against Rajat Gupta on Tuesday. The agency said Gupta...

Larry Wilcox: 5 Facts on the 'CHiPs' Star in Real-Life Legal Drama

What would Officer Jonathan Baker say? Larry Wilcox, an actor who played Baker on the classic TV show "CHiPs," will spend three years on probation -- and also pay $100 and perform 500 hours of community service -- for conspiring to commit securities fraud, The Associated Press reports. Wilcox was caught up in a sting...

Opinion: The SEC's Misguided 'Insider' Trading Crackdown

(Dec. 2) -- With unemployment benefits about to run out for many and Bush tax cuts about to expire for all, putting the brakes on the government's overzealous enforcement of insider trading rules would hardly seem like an economic priority for Congress. But it should be. And here's why. In recent months, the Securities...

Background on SEC

World War II, or the Second World War (often abbreviated as WWII or WW2), was a global war that was under way by 1939 and ended in 1945. It involved a vast majority of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis.

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