Legal News

SEC Releases Staff Report on Credit Rating Agencies
The SEC released a Summary Report of Issues Identified in the Commission Staff's Examinations of Select Credit Rating Agencies prepared by the staff of the Office of Compliance Inspections and Examinations, Division of Trading and Markets and Office of Economic...

SEC Gets it Right
The SEC has proposed rules that reduce long standing requirements that certain investments have specified ratings from rating agencies. The requirements give rating agencies a government backed monopoly (oligopoly perhaps)...

Cox Testifies on Credit Rating Agencies
Chair Cox testified on Oversight of Nationally Recognized Statistical Rating Organizations before the U.S. Senate Committee on Banking, Housing and Urban Affairs on April 22, 2008. He reported on the SEC's examination of the credit rating agencies on "the adequacy...

Credit Rating Agencies Under Intense Scrutiny
The SEC has launched a two-pronged attack on the credit rating agencies believed to be partially responsible for the subprime mortgage debacle. The agencies -- namely, Moody?s Investors Service, Standard & Poor?s, and Fitch Ratings -- have recently come under...

The Times Looks At Crdit Rating Agencies
Roger Lowenstein, the NYT's ace long-form business reporter, will dig deep into credit rating agencies in next week's magazine. Probably...

Warning labels
Remember when the various credit-rating agencies contended that their relatively sanguine ratings of Enron's debt up until the company went belly-up were the result of the company's misrepresentations? One of the more ludicrous allegations was that the rating agencies didn't...

Privacy Protection Act 42 USC 21A
Federal Newsroom Law

Federal Adoption Tax Credit
Financial Incentive for Adoptive Parents

Transportation Equity Act for the 21st Century
TEA-21 - Plus Law 105-178

Medical Errors
Annual Cost to Insurers Nearly $1.5 Billion

Delayed Diagnosis Results in $1.1M Settlement
Delayed Diagnosis Results in $1.1M Settlement>

Immigration and Customs Enforcement
alleging government agencies and officials violated immigrant workers' constitutional rights.

Nursing Homes
Many state agencies have reported incidents of negligent care of nursing home residents resulting in death.

Treasurer Embezzlement
Mary Lou Puccio repays Warren Cheer and Pom Program $26,000 after stealing money.

Ontario Lottery and Gaming Corporation
has been accused of not doing enough to keep addicted gamblers who have signed up for a "self-exclusion" program out of casinos.