Saturday, July 17, 2010

SEC Creates Three New Corporate Finance Division Offices

The Securities & Exchange Commission today announced changes to the Division of Corporate Finance, creating three new specialized offices focusing on large financial institutions, asset-backed securities and other structured products, and securities offering trends.


"These changes will help us focus our resources more sharply on critically important institutions and financial products so we can stay ahead of the curve and better protect investors," said Meredith Cross, director of the Division of Corporation Finance in a statement.

Read on.

2 comments:

KittyBowTie1 said...

Soooo, will porn be banned on the new computers in the new offices?

Anonymous said...

LOL!!!!!

If I were Barack Obama, I'd be telling the AG Eric Holder to start federal criminal prosecutions of all these bankers. Makes me think of guys that spend their lives lying to themselves and many others... I am tired of hearing these guys lie about their "profits" when they've really done some fancy bookkeeping. I think nationally we are facing the results of decades of fraud--that's far wider than Bernie Madeoff...

Thank you, SP for the excellent financial reporting, especially the piece you wrote about FDR.

I appreciate President Obama's initiative to have contractual agreements posted online.

Thanks again, SP,
M