The Widening Reach Of Securities Regulators
For example, in December 2008, the U.S. Securities and Exchange Commission (SEC) settled an administrative proceeding against a derivatives trader concerning natural gas options trading.
Although the alleged conduct did not involve securities products, the SEC brought and settled the action for violations of the antifraud and recordkeeping provisions of the securities laws, among other violations.
More recently, on Jan. 21, 2009, the...
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