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Latest Linda Chatman Thomsen Stories

2009-02-17 14:45:28

The U.S. Securities and Exchange Commission Tuesday accused Stanford Financial Group Co. chief Robert Sanford of orchestrating an $8 billion CD fraud. The SEC said U.S. District Judge Reed O'Connor had issued a temporary restraining order to freeze Stanford's assets and appoint a receiver to marshal those assets. Linda Chatman Thomsen, director of the SEC's Enforcement Division said the complaint includes allegations that Stanford ... perpetrated a massive fraud based on false promises and...

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...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.