Home -> Law Blog Directory -> Criminal Law Blogs -> NASD, SEC and Regulatory Defense Blog

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Criminal Law

: NASD, SEC and Regulatory Defense Blog

All TROs, All the Time: Can the SEC be Trusted to Exercise its Discretion?

By Michael MacPhail, Esq.

ADVERTISEMENTS

As I previously have noted, a major component of the SEC?s response to the economic crisis is obtaining TROs and asset freezes against defendants in civil actions filed in U.S. District Courts around the country. Yesterday, the SEC filed two more emergency civil actions in Texas and Arizona, obtaining TROs and asset freezes in both cases. This means the SEC has already obtained TROs in at least 21 cases since the beginning of the year, which is far more than it obtained during all of 2008. To justify its actions, the SEC issued press releases describing many of these cases as Ponzi schemes. Courts are no obstacle to the SEC?s applications for emergency relief, so TROs are largely a matter of the SEC?s exercise of prosecutorial discretion...continue to full post

Full post as published by NASD, SEC and Regulatory Defense Blog on April 07, 2009 (boomark / email).

Lawsuits and Settlements

Cipro
The FDA is seeking to add black box warnings of the risk of tendon rupture associated with Cipro and Levaquin. The ruptures can involve Achilles tendon, shoulder, hand, bicep or thumb tendons, and is especially increased in patients older than 60, or people who have received kidney, heart or lung transplants, as well as people on steroid therapy...

Related Searches