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Posts Tagged ‘SEC’

Insider Trading at the SEC??

Posted by Larry Doyle on March 5th, 2014 4:07 AM |

The abbreviated definition of insider trading is “the buying or selling of a security by someone who has access to material, nonpublic information about the security.”

Who could possibly be more “inside” than an individual who is in the position to take action against a company, that is employees of the Securities and Exchange Commission?

In another edition of “You Can Not Make This Stuff Up,” a recent paper highlights how employees at the SEC are superb in terms of their stock trading and specifically their stock selling skills. Let’s navigate. (more…)

My Talk at Baruch: In Bed with Wall Street

Posted by Larry Doyle on March 2nd, 2014 12:03 PM |

Baruch College eventI thank the countless number of individuals who have introduced me to various media representatives (print, radio, and TV) throughout the country to discuss my work both here at Sense on Cents and in my book In Bed with Wall Street. In the hope that even more media doors might open, I would like to link to a talk I gave earlier this week at Baruch College.

I thank the individual whom I have not met and do not know for having captured my remarks and posted them online. In my talk, I touch upon a host of topics addressed in my book including serious allegations and evidence connected to the misappropriation of funds and insider trading within Wall Street’s self-regulatory organization FINRA, abuse of whistleblowers, sham protection provided by SIPC, and much more including my proposed reforms.

Confident that more than one door to media outlets will be opened by my posting these remarks, I thank those who might share this link with friends and colleagues both inside and outside of the world of media.

Transparency remains the only true disinfectant.

Thank you.

Larry Doyle

Please order a hard copy or Kindle version of my book, In Bed with Wall Street: The Conspiracy Crippling Our Global Economy.

For those reading this via a syndicated outlet or receiving it via e-mail or another delivery, please visit the blog to listen to this clip and to comment on this piece of ‘sense on cents.’

Please subscribe to all my work via e-mail

The opinions expressed are my own. I am a proponent of real transparency within our markets so that investor confidence and investor protection can be achieved.

$14 Million Whistleblower Award w/o Details

Posted by Larry Doyle on October 2nd, 2013 7:23 AM |

What state mottoes do you like most?

I am personally partial to New Hampshire’s “Live Free or Die” but in light of the opacity displayed across Wall Street and Washington over the last 4 to 5 years, I have a growing appreciation for Missouri as the “Show Me” state:

A name attributed to Representative Willard Van Diver. It connotes a certain self-deprecating stubbornness and devotion to simple common sense.

How about that? Common sense? What a novel concept in light of recent events in our nation and certainly applicable for my blog.

But I think about Missouri this morning given breaking news out of the SEC regarding its first meaningful whistleblower award in perhaps the last 25 years and its largest award ever. Isn’t this the type of thing to highlight and promote?   (more…)

Sex, Lies, Stupidity, Oh My: SEC Whistleblower David Weber Vindicated, Receives Huge $ettlement

Posted by Larry Doyle on June 10th, 2013 8:21 AM |

“Doing the right thing can be hard” . . .
David Weber, former assistant Inspector General of the SEC, June 10, 2013
——————————

In a world in which it is all too easy to look the other way, to go along to get along, and to sit down when the public needs you to stand up, hope springs eternal.

I am heartened that America still has a chance to eradicate the corrosive and corruptible elements that have thrived within our financial regulatory system when I learn that there are still people who care enough to do the right thing. Who is one of those people?

Former assistant inspector general of the SEC David Weber. Today is his day and America should feel very good about that.   (more…)

“White House Could Grant Mary Jo White a Waiver From Ethics Pledge”

Posted by Larry Doyle on February 19th, 2013 6:04 AM |

If Mary Jo White were to be confirmed as the new head of the SEC, might she be the most conflicted individual to be our nation’s chief financial cop since the first person to occupy that seat, that being Joe Kennedy himself?

The White House and Washington would like to position Ms. White’s confirmation as nothing more than a formality. Our democracy deserves better than that. (more…)

UPDATE: Who Will Be Next Head of the SEC?

Posted by Larry Doyle on January 18th, 2013 8:42 AM |

Two months ago, I inquired as to who might be our nation’s next chief financial cop, that is, the next head of the Securities and Exchange Commission.

Are we about to see a continuation of the Wall Street-Washington revolving door at work for this critically important position? How so?

A leak yesterday puts the name of Mary Jo White into the mix to head the SEC. Who is she? Is she the right person for the job? Not according to Sense on Cents Hall of Famer Gary Aguirre, who pulled no punches yesterday in asserting,

“Obama is not going to clean up financial corruption by pinning a sheriff’s badge on Wall Street’s protector-in-chief.”  (more…)

Who Should/Will Be Next SEC Chair?

Posted by Larry Doyle on November 14th, 2012 8:16 AM |

Have you had enough of the crony capitalism that has been running rampant throughout our country?

Have you had enough of the “neither admitting nor denying” statements put forth by far too financial firms writing checks to cover corrupt activities?

Have you had enough of seeing Jon Corzine, Angelo Mozilo, Albert Loewenthal, and a whole host of other individuals connected to financial frauds walk free while ordinary everyday Americans pay the price for the ravage these fraudsters left in their wake?

Have you had enough of the financial dirt continually being swept under the rug as the pols and their cronies stuff their campaign coffers and pad their personal accounts/portfolios? When will “enough be enough”?  (more…)

Will “Fix” Remain In at SEC After Schapiro?

Posted by Larry Doyle on September 19th, 2012 4:31 AM |

Reports circulating that Mary Schapiro will step down from her post at the SEC pending an Obama re-election are increasing. Unless Ms. Schapiro is relinquishing her throne in preemptive fashion I do not know why this story is even getting legs. It is certainly not uncommon for significant turnover within a President’s cabinet after the completion of a first term.

I sincerely hope that she is not in ill health but that concern is raised in a story in the New York Post, SEC You Later, Pal: Schapiro May Be Heading for The Exit,

Chatter surrounding Schapiro’s status at the regulatory agency has reached a crescendo in the past few days as an undisclosed medical procedure has resulted in her taking a leave of absence — set to end tomorrow.

An SEC official told The Post that Schapiro has been on medical leave since last Thursday and has been working from home as she recovers. (more…)

Who’s Minding the Store at the SEC?

Posted by Larry Doyle on May 1st, 2012 6:33 AM |

The folks at the SEC could not possibly still be tuning in to porn, could they?

Do you think that any SEC lawyers are once again blowing the cover of whistleblowers?

Would we know if the SEC is complying with the Freedom of Information Act?

While many in Washington and America might think these issues begin and end at the desk of the SEC chair, Mary Schapiro, the simple fact is the real oversight of this organization falls under the purview of the SEC’s Inspector General. Really? Oh yeah!! How so? (more…)

Please Sign Petition re: Peter Sivere – George Demos

Posted by Larry Doyle on March 8th, 2012 10:10 AM |

Aside from my hope that readers would care enough to share my writing and passion for the Sense on Cents virtues of truth, transparency, and integrity I do not believe I ask for much if anything from those who come here.

Well, today I am asking.

How might you help?

More than you may ever fully know or appreciate.  (more…)






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