Search

The article discusses criticism of the Shareholder Rights Project (SRP) at Harvard University contained in a paper co-authored by U.S. Securities and Exchange Commission (SEC) official Daniel Gallagher. SRP advises pension funds and other large shareholders on how they can increase their influence on corporate boards through shareholder proposals. Gallagher's paper says SRP's activities leave the university vulnerable to lawsuits filed by the SEC or shareholders.

The article states that European and Japanese banks such as Mizuho Bank Ltd., Mitsubishi UFJ Financial Group, and BNP Paribas SA were among those outbidding U.S. banks for large corporate deposits. According to the article, the U.S. agency the Securities and Exchange Commission (SEC) changed rules governing short-term debt, known as commercial paper. The article presents comments from consulting firm Treasury Strategies Inc. partner Anthony Carfang.

The article discusses results of a pair of studies that show hedge funds, high-frequency traders, and others who subscribe to a data feed from the U.S. Securities and Exchange Commission (SEC) receive company filings from the SEC moments before they are posted at the agency's Website, thus creating an opportunity for profitable trading. One paper co-written by Jonathan Rogers of the University of Colorado shows the discrepancy leads to movement in prices and trading volume.

The article reports that technology firm Hewlett-Packard Co. officially confirmed its breakup with the papers it filed with the U.S. Securities and Exchange Commission, which was a move decided by its chief executive Meg Whitman after the company went through years of declining revenue and corporate scandals.