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January 30, 2012

Ex-S.E.C. Official Settles Conflict-of-Interest Case - NYTimes.com

The NY Times reports on a conflict of interest case at the SEC:

A former enforcement official for the Securities and Exchange Commission who was accused of blocking or closing at least three investigations into the activities of the Stanford Financial Group, which the authorities claim was a $7 billion Ponzi scheme, has settled civil charges brought by the Justice Department accusing him of violating conflict-of-interest rules by later representing Stanford before the commission.

Thanks to Rosa Koppel for the tip.

Posted by IEC Team in Issues: Conflicts of Interest | Permalink