lawyers.com - Untitled 30

Criminal Liability of Corporate Officers

Under Section 807 of The Sarbanes-Oxley Act of 2002 (Act), any person who knowingly commits securities fraud is subject to a hefty fine, a prison term of up to 25 years, or both. Section 807 does not criminalize...

SIPC Protection for Investors

Investors who engage in securities transactions through a brokerage firm that is a member of the Securities Investor Protection Corporation (SIPC) receive protection for cash and securities held by the brokerage firm for the accounts of the...

Rulemaking by the Securities and Exchange Commission

Federal agencies adopt rules to implement laws. Following the stock market crash in 1929, laws were passed to reform securities markets and to broaden the amount and accuracy of information to be made available to investors by issuers of...

Directors' Liability - Torts and Wrongful Acts

Torts and Wrongful Acts

Generally, corporate directors and officers will not be held individually liable for torts or crimes committed by the corporation solely by virtue of their status as...

Investment Manager Reports To Be Filed With the Securities and Exchange Commission

Institutional investment managers must report to the Securities and Exchange Commission on Form 13F those securities registered under Section 13(f) of the Securities Act of 1933 over which the investment managers exercise discretion.

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