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H. David Kotz
H. David Kotz, also known as Harold David Kotz (born June 24, 1966), is a managing director at Berkeley Research Group. Kotz was a litigation associate at three law firms from 1990–99, and then a labor attorney at the U.S. Agency for International Development from 1999–2002. He worked at the Peace Corps as a lawyer handling labor and violent crime matters, as well as Inspector General, from 2002–07. He then was Inspector General at the U.S. Securities and Exchange Commission (SEC) from December 2007 until his resignation in January 2012.Weidner, David"SEC losing credibility with Kotz’s exit" ''MarketWatch'', January 17, 2012. Retrieved January 17, 2012. At the SEC, his department conducted investigations about improprieties, conflicts of interest, and the SEC's failure to uncover Ponzi schemes. He referred 30 cases to the Justice Department; 2 were prosecuted, leading to 1 conviction. In 2012, an independent review of his conduct by the Inspector General of the U.S. Pos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George W
George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he previously served as the 46th governor of Texas from 1995 to 2000. While in his twenties, Bush flew warplanes in the Texas Air National Guard. After graduating from Harvard Business School in 1975, he worked in the oil industry. In 1978, Bush unsuccessfully ran for the House of Representatives. He later co-owned the Texas Rangers of Major League Baseball before he was elected governor of Texas in 1994. As governor, Bush successfully sponsored legislation for tort reform, increased education funding, set higher standards for schools, and reformed the criminal justice system. He also helped make Texas the leading producer of wind powered electricity in the nation. In the 2000 presidential election, Bush defeated Democratic incum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mary Schapiro
Mary Lovelace Schapiro (born June 19, 1955) served as the 29th Chair of the U.S. Securities and Exchange Commission (SEC). She was appointed by President Barack Obama, unanimously confirmed by the U.S. Senate, and assumed the Chairship on January 27, 2009. She is the first woman to be the permanent Chair of the SEC.Obama taps veteran regulator to head under-fire SEC , , December 18, 2008, accessed February 6, 2009. In 2009, '''' ranked her the 56th most powerful woman in the world. Schapiro served in v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Criminal Referral
A criminal referral or criminal recommendation is a notice to a prosecutory body, recommending criminal investigation or prosecutor, prosecution of one or more entities for crimes which fall into that body's jurisdiction. In the Federal government of the United States, U.S. federal government, regulatory agency, regulatory and law enforcement agencies that investigate crimes must typically refer cases to the United States Department of Justice, Department of Justice for prosecution at its discretion. These referrals may not require formal documentation, but may include a case report. In a direct referral, agencies refer cases to the U.S. Attorney in the district where the crime occurred. The United States Congress and its members, in their investigative role, issue criminal referrals to the Justice Department as well. State attorney general, attorneys general often refer Federal crime in the United States, federal crimes to the Justice Department. Investigative bodies under the Ju ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council Of Inspectors General On Integrity And Efficiency
The Council of the Inspectors General on Integrity and Efficiency (CIGIE) addresses integrity, economy, and effectiveness issues that transcend individual Government agencies; and increase the professionalism and effectiveness of personnel by developing policies, technical standards, and approaches to aid in the establishment of a well-trained and highly skilled workforce in the Office of Inspector General. CIGIE was established in October 2008 as an independent entity within the United States executive branch by the Inspector General Reform Act (IGRA). Composition The CIGIE is composed of all federal U.S. Inspectors General whose offices are established under section 2 or section 8G of the Inspector General Act of 1978 (5 U.S.C. App.), those that are presidentially-appointed with Senate confirmation and those that are appointed by agency heads (designated federal entities). This includes the inspector general of federal agencies such as the U.S. Department of Defense, the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Linda Chatman Thomsen
Linda Chatman Thomsen was the director of the Division of Enforcement for the U.S. Securities and Exchange Commission from 2005 until early 2009. Since arriving at the SEC in 1995, she worked under four SEC Chairmen: Arthur Levitt, Harvey Pitt, William H. Donaldson, and Christopher Cox. William Donaldson named her director of the Division of Enforcement on May 12, 2005. She is the first woman to serve as director of the Division of Enforcement. Thomsen is known for her role in the suits by the SEC against Enron and Martha Stewart, and for not having investigated Bernard Madoff. She succeeded Stephen M. Cutler. She is now a senior counsel at Davis Polk & Wardwell. Thomsen is married to Steuart Hill Thomsen, a partner in the law firm Sutherland Asbill & Brennan LLP, whose clients include hedge funds, broker-dealers, and investment advisors for securities enforcement matters. Career Thomsen received her A.B. from Smith College and her law degree from Harvard Law School. Bef ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pequot Capital Management
Pequot Capital Management was a multibillion-dollar hedge fund sponsor that closed in 2010. The firm's investment funds invested in a range of markets through a variety of strategies. The firm invested in public equities as well as private equity, venture capital, distressed securities, and various other fixed income securities. The firm closed in 2010 following allegations of insider trading. History Pequot was founded in 1998 by Arthur J. Samberg. Based in Westport, Connecticut, United States, the firm had additional offices in San Francisco; New York City; Los Angeles; Greenbrae, California; Menlo Park, California; Wellesley, Massachusetts; and London, United Kingdom. In 2001 Pequot was reported to be the largest hedge fund globally with $15 billion in assets. The firm's venture capital business, Pequot Ventures, spun off on June 30, 2008, into a separate company named FirstMark Capital. The company is based in New York City. FirstMark Capital received control of Pequot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commonl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allen Stanford
Robert Allen Stanford (born March 24, 1950) is an American financial fraudster, former financier, and sponsor of professional sports. He is serving a 110-year federal prison sentence, having been convicted in 2012 of fraud, on charges that his investment company was the vehicle for a massive Ponzi scheme. Stanford was the chairman of the now-defunct Stanford Financial Group of Companies. A fifth-generation Texan who once resided in Saint Croix, U.S. Virgin Islands, he holds dual citizenship, as a citizen of Antigua and Barbuda and of the United States. He contributed millions of dollars to politicians in Antigua and the United States, amongst other countries. In early 2009, Stanford became the subject of several fraud investigations, and on February 17, 2009, was charged by the U.S. Securities and Exchange Commission with fraud and multiple violations of U.S. securities laws for alleged "massive ongoing fraud" involving $7 billion in certificates of deposits. The Federal Bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harry Markopolos
Harry M. Markopolos (born October 22, 1956) is an American former securities industry executive and a forensic accounting and financial fraud investigator. From 1999 to 2008, Markopolos uncovered evidence that suggested that Bernie Madoff's wealth management business was a huge Ponzi scheme. In 2000, 2001, and 2005, Markopolos alerted the U.S. Securities and Exchange Commission (SEC) of his views, supplying supporting documents, but each time the SEC ignored him or gave his evidence only a cursory investigation. Madoff was finally revealed to be a fraud in December 2008, when his sons contacted the Federal Bureau of Investigation. After admitting to operating the largest private Ponzi scheme in history, Madoff was sentenced in 2009 to 150 years in prison. In 2010, Markopolos's book on uncovering the Madoff fraud, '' No One Would Listen: A True Financial Thriller'', was published. Markopolos has criticized the SEC for failing to discover the Madoff fraud despite repeated tips, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whistleblower
A whistleblower (also written as whistle-blower or whistle blower) is a person, often an employee, who reveals information about activity within a private or public organization that is deemed illegal, immoral, illicit, unsafe or fraudulent. Whistleblowers can use a variety of internal or external channels to communicate information or allegations. Over 83% of whistleblowers report internally to a supervisor, human resources, compliance, or a neutral third party within the company, hoping that the company will address and correct the issues. A whistleblower can also bring allegations to light by communicating with external entities, such as the media, government, or law enforcement. Whistleblowing can occur in either the private sector or the public sector. Retaliation is a real risk for whistleblowers, who often pay a heavy price for blowing the whistle. The most common form of retaliation is abrupt termination of employment. However, several other actions may also be conside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shana Madoff
Shana Diane Madoff ( ; born December 8, 1967), sometimes referred to as Shana Madoff Skoller Swanson, is an American former attorney who is now a yoga teacher. She is the daughter of Peter Madoff, and a niece of Bernie Madoff, who employed her as a compliance officer and attorney at Bernard L. Madoff Investment Securities (BLMIS) from 1995 until 2008. In December 2008 BLMIS was discovered to be a $65 billion Ponzi scheme, and closed as part of the Madoff investment scandal. Her uncle Bernard Madoff was sentenced to 150 years in prison for the scheme, and her father, who was her boss at the company and the chief compliance officer, was sentenced to ten years in prison. In 2007, she married Eric Swanson, a former Assistant Director of the Office of Compliance Investigations and Examinations at the U.S. Securities and Exchange Commission (SEC).Profi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eric Swanson
Eric J. Swanson is an American lawyer who worked at the U.S. Securities and Exchange Commission (SEC) and dated and eventually married the niece of Bernard Madoff while the SEC was investigating Madoff's investment firm for what was eventually revealed to be a massive Ponzi scheme. Swanson is currently the Senior Vice President, General Counsel, and Secretary of BATS Global Markets, the third-largest stock exchange in the United States. Swanson worked at the Securities and Exchange Commission as a lawyer from 1996 to 2006, rising to the level of Assistant Director of the Office of Compliance Inspections and Examinations. Subsequently, he worked at Ameriprise Financial as Vice President of Regulatory Strategy. Swanson is married to Shana Madoff, who worked at the firm of her uncle Bernard Madoff as a rules and compliance officer and attorney until it was closed when the multibillion-dollar Madoff investment scandal was uncovered. Swanson met Shana Madoff originally when he was co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
