The Supreme Court granted certiorari in a significant securities case on Friday.
The Manhattan U.S. Attorney’s Office and the SEC continue to bring cases in tandem.
Attorney General Eric Holder, in remarks at the Western Regional Financial Fraud Enforcement Task Force Summit on December 10, 2010, emphasized the need to continue to "make use of the full range of parallel criminal and civil enforcement resources to combat financial fraud."
FCPA enforcement has been marked by the aggressive approach adopted in recent years by The Department of Justice and the SEC.
Insider trading involving hedge funds and their expert advisers is the focus of a probe by the U.S. Attorneys Office for the Southern District of New York, the FBI and the SEC, according to multiple media sources.
The SEC approved new rules proposed by the exchanges and FINRA to ensure that market makers make real, meaningful quotes.