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Latest Christopher Cox Stories

2006-05-15 13:30:37

Please read in paragraph 3 "...a reported salary of $15 million annually for five years" instead of "...a reported salary of $15 million over five years." By Karey Wutkowski WASHINGTON (Reuters) - Hollywood doesn't blink at paying top dollar for the right actor in a movie deal, but a federal proposal for media companies to reveal their stars' salaries has studios crying "cut!" CBS Corp., Walt Disney Co. and Viacom Inc. are among the media companies asking the Securities and...

2006-05-01 14:01:03

MINNEAPOLIS (Reuters) - The U.S. Securities and Exchange Commission would subpoena journalists only as a last resort in its enforcement actions, the investor protection agency's head said on Monday. "We will go to journalists last," SEC Chairman Christopher Cox told journalists assembled here for the Society of Business Editors and Writers' annual convention. The SEC in April adopted a new policy saying journalists would only rarely be subpoenaed for information in investigations....

2006-04-25 10:40:27

By Kevin Drawbaugh WASHINGTON (Reuters) - Oversight of the credit rating agency industry and concerns about the New York Stock Exchange converting to a for-profit business were cited on Tuesday by a key U.S. lawmaker as major issues confronting the securities industry. Senate Banking Committee Chairman Richard Shelby pledged again to take action to change the regulation of credit raters, such as the Standard & Poor's unit of McGraw-Hill Cos Inc. and the Moody's Investors Service...

2006-03-09 08:22:38

By Joel Rothstein WASHINGTON (Reuters) - The largest U.S. business lobbying group criticized federal securities regulators on Thursday for bringing what it described as a "wave" of losing cases against businesses, drawing a sharply worded reply from the nation's top market regulator. The U.S. Chamber of Commerce called on the Securities and Exchange Commission to form a special advisory committee to examine its enforcement practices. "The commission should closely evaluate the...

2006-03-09 02:52:20

By Joel Rothstein WASHINGTON (Reuters) - The largest U.S. business lobbying group criticized federal securities regulators on Thursday for bringing what it described as a "wave" of losing cases against businesses, drawing a sharply worded reply from the nation's top market regulator. The U.S. Chamber of Commerce called on the Securities and Exchange Commission to form a special advisory committee to examine its enforcement practices. "The commission should closely evaluate the...

2006-03-03 14:49:50

By Joel Rothstein WASHINGTON (Reuters) - U.S. Rep. Michael Oxley, an author of the Sarbanes-Oxley corporate reform law passed after Enron and other corporate scandals, said federal regulators have the legal authority to roll back key provisions for smaller U.S. public companies, according to a letter released on Friday. A Securities and Exchange Commission advisory panel recently urged the elimination of the law's stiff internal controls accounting requirements -- known as Section...

2006-03-02 17:34:05

WASHINGTON (Reuters) - U.S Securities and Exchange Commission Chairman Christopher Cox said on Thursday that the commission intends to adopt a formal policy on the use of subpoenas against journalists based on past practices. Speaking to reporters days after a flap over the issuance of subpoenas to three reporters in an SEC investigation, Cox said he and the SEC's four other commissioners met behind closed doors to discuss the matter. He said support for development of a formal...

2006-02-27 18:15:33

WASHINGTON (Reuters) - U.S. Securities and Exchange Commission Chairman Christopher Cox said in an interview on Monday he is feeling better after major surgery to remove a tumor from his thymus. "I do feel better," said the 53-year-old former congressman from Orange County in southern California. He was chosen last June by President George W. Bush and sworn in as chairman of the investor protection agency in August after confirmation by the Senate, replacing William Donaldson. Cox...

2006-02-27 17:35:24

By Karey Wutkowski and Kevin Drawbaugh WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission will examine why they were not told by investigators in a regional SEC office about plans to subpoena two journalists, SEC Chairman Christopher Cox said on Monday. The San Francisco office took the unusual step this month of issuing subpoenas to two Dow Jones & Co. columnists, asking for telephone records, e-mails and other documents related to online retailer Overstock.com...

2006-02-27 13:24:58

By Karey Wutkowski WASHINGTON (Reuters) - The head of the U.S. Securities and Exchange Commission said on Monday that top officials at the agency were not informed before a regional office took the "highly unusual" step of issuing subpoenas to two journalists in a stock manipulation investigation. In a rebuke to SEC staff in the San Francisco office, SEC Chairman Christopher Cox said "sensitive issues" raised by the subpoenas "should, and will be, considered and decided by the...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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