August 31, 2012
The U.S. Securities and Exchange Commission will challenge a Washington federal judge's ruling that Securities Investor Protection Corp. doesn't have to help cover victims' losses from convicted Robert Allen Stanford's $7 billion Ponzi scheme, the regulator said Friday.
February 10, 2012
A Washington federal judge on Thursday ruled that the U.S. Securities and Exchange Commission does not need to sue in order to compel the Securities Investor Protection Corp. to begin compensating victims of Robert Allen Stanford's alleged $7 billion Ponzi scheme.