Ms. Aral, along with 15 other agents providing charter flights to Cuba, filed a lawsuit in Miami against the State of Florida, challenging a new law requiring them to post a one-time $250,000 bond and disclose the names of clients in order to continue their business with Cuba.
In the case of Mr. Tourre, the S.E.C. contends that he and Goldman sold investors a synthetic collateralized debt obligation, a deal linked to the performance of mortgage-backed bonds, without disclosing the role a hedge fund played in creating the deal.
"Perfectly virtuous supervisors would fearlessly bond themselves to disclose enough information about their decision making to allow the community or interested outsiders to determine whether and how badly they neglect, abuse, or mishandle their responsibilities".
In an effort to keep speculators off balance, the bank discloses few details of the bond-buying program and gives the total only once a week, on Mondays.
In May, the board expanded its existing fair-dealing rule, requiring underwriters to make sure local officials understand the risks of complex bond deals, and to disclose any incentives they may have for supporting certain transactions.
The SEC's proposed solution is to drastically increase the amount of information that bond issuers need to disclose to the public so that the rating agencies can rate them.
If there have been racist letters, though, we don't know it because Bonds hasn't disclosed them.
In every case a number of CH/π hydrogen bonds have been disclosed in the so-called adenine pocket.
Forcing banks to disclose their government bond portfolios, however, gives investors the power to conduct their own more rigorous stress tests.
Another Houston energy merchant, Reliant Resources, canceled a $500 million bond offering on Friday after disclosing that it had made similar trades.
