SEC Enforcement Actions

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SEC Enforcement Actions

4/25/2012
The SEC announced a number of significant enforcement actions this week, including one against Egan-Jones' application to be approved as an NRSRO [Nationally Recognized Statistical Rating Organization].
 
The enforcement actions announced this week include:


2012-76 Apr. 24, 2012 H&R Block Subsidiary Agrees to Pay $28.2 Million to Settle SEC Charges Related to Subprime Mortgage Investments;
2012-75 Apr. 24, 2012 Egan-Jones Ratings Co. and Sean Egan Charged with Making Material Misrepresentations to SEC;
2012-74 Apr. 23, 2012 SEC Charges Chinese Company and Executives with Lying About Asset Values and Use of IPO Proceeds;
2012-73 Apr. 23, 2012 SEC Charges Former CalPERS CEO and Friend With Falsifying Letters in $20 Million Placement Agent Fee Scheme.