Federal District Court Judge Jed Rakoff has approved the SEC’s settlement with Schottenfeld Group, a trading firm that once employed three traders charged in the Galleon insider trading case.
The settlement seemed shaky after Judge Jed requested more information from the SEC about how regulators came up with the $460,475.28 they say Schottenfeld needs to pay in disgorgement fees.
He also wanted details on how and when Schottenfeld planned to implement new compliance recommendations including the hiring of an outside consultant to watch over them. The SEC’s response seems to have satisfied Rakoff. In his order, issued yesterday, Rakoff said the disgorgement and penalty calculations were “reasonable” even though the “prophylactic measures appear somewhat superficial.”
**** tumbleweed rolls by
….rickety saloon door shudders in the dry wind
chirp, chirp. chirp, chirp.
…meatflaps flapping….
better story
http://www.tmz.com/2010/04/20/kal-penn-house-robbed-gunpoint-washington-dc-georgetown-kumar-white-castle/
i thought a “disgorgement fee” is the cover charge the Romans had for the vomitorium…
-Not the headslapper, but a fan of his work
KOUWANUS!
I thought a “disgorgement fee” was what you paid to use the pay toilets in Madison Square park when you need to drop a Kouwe?
Sadam just invaded, KOUWANUS!
*chirp*
*the sound of one hand fap’ing*
Does Aunt Ginny have a barn? We can hold the trail there. I can sew the costumes. Maybe his Uncle Goober can be the judge.
johnson deflating
Judge Dredd? http://www.imdb.com/title/tt0113492/
zzzzzzzzzzzzzzzzzzzzzz fart zzzzzzzzzzzzzzzzzzzzzzzzzzzzz fart zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
What’d the prostitute say to the leper?
“Thanks for the tip.”
is this some sick joke?
Whats better than two roses on your piano?
Tulips on your organ.
Most pointless post in Dealbreaker history