Bruce Carton

Mark Cuban has apparently devoted some time, like us, to reading the SEC IG’s Semiannual Report to Congress over this holiday weekend. And he has some thoughts about it that he is very happy to share on his “blog maverick” blog. He writes: It never crossed my mind that it would be legal for employees […]

As previously discussed on this blog (click here), enforcement of insider trading laws around the world is on the rise. In the prior post, I pointed out recent enforcement actions in countries including Holland, Colombia, UK, India, Bangladesh, and Hong Kong. In the two months since that post, a host of countries have announced insider […]

I was the accidental “but for” cause of this (true story, ask CW publisher Scott Cohen if you don’t believe me) so I think I should be able to break the news here: Compliance Week is now on Twitter. You can follow Compliance Week on Twitter by clicking on the following link: @complianceweek And, of […]

The insider trading laws are made up of a patchwork of judicial opinions that attempt to stretch a very vague statute (Section 10(b) of the 1934 Act) to reach most every type of trading on inside information. As a result, almost without exception, there are really no “repeatable” ways to legally trade and profit off […]

For those of you who have been out of touch with the rest of the world for the past five hours, let me be the first to tell you that the SEC sued Dallas Mavericks’ owner/billionaire Mark Cuban today for insider trading. Oh, and depending on the length of your recent isolation, you should probably […]

As widely reported last week, Brenda Murray, the Initiating Official tasked with reviewing and acting on the disciplinary recommendations of the SEC’s Inspector General in two high-profile matters, rejected the IG’s calls that discipline be imposed on several senior Enforcement officials. In separate reports dated November 7, 2008, Murray found that the IG’s Reports of […]

While stocks of all types, shapes and sizes continue to get hammered week after week, two Australian companies are reporting surging earnings and bright prospects in the current economic crisis. What industry are these stocks in? The Australian securities class action industry. Last week, IMF (Australia) Ltd., the dominant class action litigation funder in Australia, […]

Seinfeld introduced us to the “low talker” (the woman whose almost inaudible voice led to Jerry wearing the puffy shirt (seen here) on the Today Show); the “high talker” (a man who talks with a really high-pitched voice); and even the “close talker” (seen here), the memorable character played by Judge Reinhold who invaded Jerry’s […]