Monday, June 27, 2011

Supreme Court Term In Review, Part II: Wall Street’s License To Lie

Supreme Court Term In Review, Part II: Wall Street’s License To Lie: "pSecurities and Exchange Commission regulations make it illegal to “make any untrue statement of a material fact . . . in connection with the purchase or sale of any security.” And, according to a complaint filed by the New York Attorney General’s office, an investment company named Janus did exactly that. Essentially, the complaint maintains, [...]/p"