| Archives |
| _________::::____#47 - October 13, 2005_________________ |
| Updated: 10/13/05 7:22 p.m. 10/12/05 Canadian Insurers Launch Toll-Free Crime Hotline for Consumer Tips - A bulletin from the Insurance Bureau of Canada gives details of a new anti-crime initiative, designed to make it easier for Canadians to report auto theft, insurance fraud, staged auto collisions and other crimes related to insurance. Canada's home, car and business insurers have sponsored the National Insurance Crime TIPS Line (1-877-IBC-TIPS). 10/12/05 Sihpol Settles SEC Fraud Charges - The former Bank of America (BAC:NYSE - commentary - research - Cramer's Take) broker accused of helping a hedge fund illegally trade mutual funds settled securities fraud charges with the Securities and Exchange Commission Wednesday. 10/12/05 Former Refco CEO charged, shares sinking - The former chief executive of Refco Inc. (RFX.N: Quote, Profile, Research) was charged with securities fraud on Wednesday as shares of one of the world's largest commodities and futures brokers continued to plummet and have now lost over 60 percent in three days. 10/12/05 Diller Blasts SOX - Media titan Barry Diller said lawmakers should revisit Sarbanes-Oxley, citing that the high cost of compliance is negatively impacting American businesses. 10/12/05 Court Bolsters SEC Use of Asset Freeze Tool - The U.S. Supreme Court Tuesday let stand a ruling against two former Gemstar-TV Guide International Inc. executives, bolstering the Securities and Exchange Commission's ability to freeze payments to corporate executives under new federal accounting-fraud laws. |