Chapter 1 SEC lex oversight
Created in 1934, the SEC's primary responsibility is to protect investors by monitoring
the securities industry.
Recently, however, a $65 billion securities fraud was uncovered when the investment
company run by Bernard Madoff
Over the last few years, there has been a widespread debate over wellness initiatives
being taken by employers to promote a healthy workforce. Such initiatives, though
beneficial to the employer, may not go well with all the employees. Let us ex
The Sarbanes-Oxley Act (SOX) has helped improve the quality of financial reporting.
However, the improvement came with a price. Let us explore this case study to find out if
we can expect an equal response from small and large firms in carrying out Sarban
In 2002 an act was passed as a reaction to a number of corporate and accounting scandals
including those affecting Enron, WorldCom etc. These scandals had cost investors
billions of dollars when the share prices of affected companies collapsed. The act wa
An Wall Street Regulate Itself?
The credit crisis that America faced in 2008 brought an end to a Wall Street bubble that had
flourished partly due to unlimited, unregulated speculation. The country cannot afford another
bailout as the road to its recent r
Can the Securities Industry Regulate Itself?