Archive for October, 2009

SEC in settlement talks with BofA, UBS: report (Reuters)

Reuters – The Securities and Exchange Commission is in settlement talks with several large financial institutions to resolve investigations into the awarding of municipal investment contracts, the Wall Street Journal reported on Saturday.

Former hedge fund executive charged by SEC (Reuters)

Reuters – A former top executive at hedge fund firm ValueAct Capital is one of seven people charged with trading on inside information in Acxiom Corp.

Madoff documents reveal incredulous, unfocused SEC (Reuters)

Booking mug shot of Bernard Madoff released to Reuters on March 17, 2009. REUTERS/UNITED STATES MARSHALS SERVICE/FOIA/HandoutReuters – U.S. securities investigators raised repeated concern over how Bernard Madoff could be running an honest business, but never followed through on the many red flags they uncovered.

SEC alleges insider trading at San Francisco fund (AP)

AP – The Securities and Exchange Commission filed a civil lawsuit alleging insider trading Friday against the former chief financial officer of a San Francisco private equity fund and six others.

Cashing in Your Structured Settlement

Cashing in a structured settlement is a huge decision in today’s economic climate. If you do decide to sell your monthly income in lieu of a lump sum payout then there are a couple of things that you may need to consider very carefully first.