Judge blasts SEC's justification for BofA settlement:

U.S. District Judge Jed S. Rakoff said the Securities and Exchange Commission's justification for settling with Bank of America regarding investor disclosures was "at war with common sense." The SEC argued that attorney-client privilege prevented the agency from building a case against the bank's executives. Rakoff said if that were the SEC's policy, "it would seem that all a corporate officer who has produced a false proxy statement need offer by way of defense is that he or she relied on counsel."

View Full Article in:

Wall Street Journal, The · Financial Times (tiered subscription model)

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Human Resource Director
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Administrative Management Specialist
Smithsonian Institute
Washington, DC