Academic

Steven Caruso Joins SIPC Taskforce
The Securities Investor Protection Corporation (SIPC) has announced the appointment of Steven Caruso of Maddox, Hargett, & Caruso to its SIPC Modernization Task Force. A total of 13 individuals - including representatives from the securities industry, investors, government regulators and academia - will serve on the task force...

A Forthcoming Article Regarding A SIPC Objection To The Posting Entitled "Irving Picard's Three Percent Commission In The Madoff Case."
June 16, 2009Re: A Forthcoming Article Regarding A SIPC Objection To The Posting Entitled ?Irving Picard?s Three Percent Commission In The Madoff Case.? SIPC has objected to a point contained in my posting entitled Irving Picard?s Three Percent Commission In The Madoff Case...

SIPC Disappointment Down the Road for Madoff Investors
There is such a fundamental misunderstanding of SIPC in the investor community that it is sometimes frightening. SIPC is not a Congressional bailout for investors who lost money. It is not insurance...

SIPC Looks to Modernize as it Pays Out Millions in Legal Fees
The Securities Investor Protection Corporation will hold a forum next month to discuss modernizing the three-decades old agency. The event comes at a time when SIPC's funds are being depleted by legal fees paid to the trustees for bankrupt brokerages tied to Lehman Brothers and Bernard Madoff.

Eccleston Law Investigates MF Global In Light of Regulatory Actions, Prepares to Prosecute Claims and Assist Investors In SIPC Liquidation Proceeding
Regulators Issued a joint statement on November 1st which reported that MF Global had ?reported possible deficiencies in customer futures segregated accounts held at the firm.? The SIPC has filed an application with the court to commence liquidation of the...

Eccleston Law Stands Ready to Assist Reps Transition From MF Global and Defend Against Regulatory and SIPC Actions and Inquiries
The sudden demise of MF Global raises a host of issues for advisers. As of November 1st, regulators plan to transfer customer accounts to another firm, and the SIPC has initiated the liquidation of the firm...