This is a great article from FEI today. This seems to only serve the purpose of letting everyone know how severe the pay inequalities may be at any one organization so it should prove interesting to see if this moves beyond just a proposed ruling phase...
The SEC claims PACCAR’s internal control procedures were ineffective and kept the company from adhering to various accounting rules.
SEC charges City of Victorville, CA officials with Defrauding Municipal Bond Investors
Level Global Investors have agreed to pay more than $21.5 million in fines to the SEC to settle charges that it’s Co-Founder, Anthony Chiasson, engaged in insider trading in the securities of of Dell Inc. and Nvidia Corp. Also charged was former analyst, Spyridon “Sam” Adondakis, five investment professionals, and the hedge fund advisory firm, Diamondback Capital Management.
The Securities and Exchange Commission has charged a California based lawyer, Brian Reiss, with selling fraudulent legal opinion letters through his website. These documents were issued to transfer agents on behalf of holders, to lift restrictions on stocks to be freely traded again.