Monday, April 19, 2010

With Goldman Case, S.E.C. Signals Renewed Toughness - NYTimes.com

With Goldman Case, S.E.C. Signals Renewed Toughness - NYTimes.com: "But with its latest lawsuit against Goldman Sachs, the most powerful, most feared and most envied firm on Wall Street, the S.E.C. is sending a signal that it is back on the beat and that it is going after very big targets.
In interviews this weekend, Mary L. Schapiro, the commission’s chairwoman, and Robert Khuzami, its new director of enforcement, said the agency was stepping up both its rule-making and its investigations in the wake of the financial crisis."