In his sentencing memorandum he said that even though he was the Chief Compliance Officer of Madoff Securities and held other positions for decades, he was swindled by his elder brother, having no idea that he was sitting on top of a Ponzi scheme.
FORBES: Peter Madoff Gets What He Expected - 10 Years Prison
As part of his settlement, Brock was banned by the British Columbia Securities Commission from being a director or officer of any public company until 2008.
The question of whether a comeback by someone booted out of the securities industry or barred from being an officer or director of a public company crosses the line has long been controversial.
Gary Katz is chief executive officer and president of the International Securities Exchange, an options trading venue.
This request for dismissal came a few weeks after judge Carney threw out charges on 21 counts of options backdating and securities fraud against Nicholas and former Broadcom chief financial officer William Ruehle.
The former chief compliance officer of Bernard L. Madoff Investment Securities was in court in Manhattan today and pleaded guilty to one count of conspiracy to commit securities fraud and one count of falsifying records.
FORBES: Peter Madoff Pleads Guilty But Says He Knew Nothing About A Ponzi Scheme
Shares in Beazer Homes took a particular beating this week, down nearly 10% after the sacking of the company's chief accounting officer amid news of a federal inquiry into possible securities law violations.
Shares in Beazer Homes (nyse: BZH - news - people ) took a particular beating this week, down nearly 10% after the sacking of the company's chief accounting officer amid news of a federal inquiry into possible securities law violations.
Nester said the SEC has taken additional steps to enhance protections against "the potential for improper conduct, " including developing a new computer system to facilitate reporting and review of securities trading by all SEC personnel, hiring a chief compliance officer and providing greater clarity of rules governing the reporting of trades.
Recent major issues resolved by the Special Committee on Governance of the NYSE concern disclosure of executive and director compensation, NYSE officer service on listed company boards and the influence of securities industry directors who serve on the 27-person NYSE board.
The court filing signed by Mr. Galanis includes his promise to avoid "acting as an officer or director of any issuer that has a class of securities registered" with the SEC or "that is required to file" financial reports with the agency.
The total cost of Vanguard's securities-lending program is well under 1%, says Tom Higgins, chief financial officer of the funds.
The exchange versus dark pool conversation continued between Larry Leibowitz, chief operating officer of NYSE Euronext, and Dan Mathisson, managing director at Credit Suisse Securities.
Steven Bisgay (45), Senior Managing Director, Chief Financial Officer of the Company, has more than 20 years of experience in the securities and financial services industries.
The latest was Richard Causey, Enron's former chief accounting officer, who was to have gone on trial but instead pleaded guilty to one count of securities fraud.
And he lambasted ex-Chief Financial Officer Andrew Fastow , the key prosecution witness who'd already pleaded guilty to wire and securities fraud in 2004, and accepted ten years in the hoosegow.
FORBES: Whistleblower Watkins Vindicated By Enron Guilty Verdicts
Expected to testify: Paulson, Federal Reserve Chairman Ben Bernanke, U.S. Securities and Exchange Commission Chairman Chris Cox, New York Fed President Timothy Geithner, Bear Stearns President and Chief Executive Officer Alan Schwartz and JPMorgan Chase Chairman and CEO James Dimon.
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