SIPC President Defends Net Equity Approach
By Richard Vanderford ( January 19, 2010, 6:18 PM EST) -- Securities Investor Protection Corp. President Stephen Harbeck has defended the company's plan to use the net equity method of calculating payments to victims of Bernard L. Madoff's Ponzi scheme, calling "ridiculous" investors' claims that SIPC is pursuing that plan out of concern for its own financial health rather than for investors' good....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.