Leading Wednesday's corporations and securities law news, on the day before SEC Chairman William Donaldson steps down, the Commission has voted 3-2 to keep a rule forcing mutual funds to be overseen by an independent chairman. The...

Leading Tuesday's corporations and securities law news,the UK's Financial Services Authority has fined Citigroup $25 million for flooding the market with bonds. Though the transaction was not illegal, it was against standard practice for European...

Leading Monday's corporations and securities law news, the SEC is investigating IBM , the company announced today. In a press release, IBM said that it received a request to voluntarily comply with the SEC's informal investigation....

Leading Friday's corporations and securities law news, affiliates of both Sprint and Nextel plan legal action relating to the companies' planned merger. In a filing with the SEC today, Nextel Partners , a Washington...

Leading Thursday's corporations and securities law news, Morgan Stanley has settled with stumbling Italian dairy giant Parmalat . Parmalat sued Morgan Stanley in February to recoup money Parmalat gave to Morgan Stanley shortly before the food...

Leading Wednesday's corporations and securities law news, the SEC has announced that its five-member panel will vote again on a controversial rule requiring mutual funds to be overseen by independent chairmen. The announcement comes after a federal...

Leading Tuesday's corporations and securities law news, the New York Stock Exchange has announced that it is investigating the possibility that more traders have acted inappropriately. In April, 17 NYSE traders were charged with securities fraud violations...

Leading Monday's corporations and securities law news, General Electric Company has been subpoenaed by the US Attorney's Office for the Southern District of New York. In a press release issued Monday, GE said that the subpoena is...

Leading Friday's corporations and securities law news, New York Attorney General Eliot Spitzer has been sued by the US Department of the Treasury's Comptroller of the Currency and by the Clearing House , a...

Leading Thursday's securities and corporations law news, "Big Four" accounting firm KPMG has apologized for creating illegal tax shelters. The firm vowed to clean up its practices and culture. The apology is part of an effort by...