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SECURITIES AND EXCHANGE COMMISSION v. SECURITIES INVESTOR PROTECTION CORPORATION
Case Number:
1:11-mc-00678
Court:
Nature of Suit:
Judge:
Firms
Companies
Government Agencies
Sectors & Industries:
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August 31, 2012
SEC Appeals Ruling That SIPC Needn't Cover Stanford Victims
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.
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February 10, 2012
Stanford Investors Could See Prompt SIPC Relief
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.