Securities regulators filed suit on Friday against unknown traders in the options of ketchup maker H.J. Heinz Co, alleging they traded on inside information before the company announced a deal to be acquired for $23 billion by Warren Buffett’s Berkshire Hathaway Inc and Brazil’s 3G Capital. The suit marks the […]
Tag: Securities and Exchange Commission
Oteh/Maina: National Assembly Will Enforce its Position, Says Ndoma-Egba
Senate Leader Victor Ndoma-Egba has said that the National Assembly would use the powers at its disposal to ensure compliance with its resolutions on the sack of Director General of the Securities and Exchange Commission, Aruma Oteh, and arrest of the chairman of the Presidential Task Force on Pension Funds, […]
Obama picks Mary Jo White to lead SEC
President Barack Obama will nominate Mary Jo White to lead the Securities and Exchange Commission, tapping an attorney with broad experience in prosecuting white-collar crimes to lead an agency that has a central role in implementing Wall Street reform. White House press secretary Jay Carney said Obama would announce White’s […]
