The standards prescribed by the Commission under this subsection shall be comparable to the data standards imposed by the Commission on clearing agencies in connection with their clearing of security-based swaps.
Similarly, a former Citigroup middle manager was cleared of securities fraud charges under the same standard for his role in selling a collateralized debt obligation tied to subprime mortgages that lost much of its value within months of its issuance.
Bristol-Myers Squibb, the drug maker, has been cleared of securities law violations in connection with its botched Plavix patent settlement last year, the company said yesterday in a regulatory filing.
After all the controversy surrounding Blackwater's use of force and its military role, Prince repeatedly promised to steer clear of security work.
Diplomatic analysts expect the Democrats to steer clear of security issues for the time being because they could prove too divisive for a party dependent on a broad ideological spectrum.
Legal experts said there were no clear violations of securities laws in the Lay-Enron dealings.
In this instance, Mr. Grimes did not personally place the calls, which would have been a clear violation of securities laws.
If TCS is to prevail under U.S. law, it will have to convince a federal judge there is clear evidence of securities fraud.
THERE are, according to a report published in 2001, no fewer than 15 barriers to the efficient clearing and settling of securities across national boundaries in the European Union.
The policy, begun by Richard Nixon and Henry Kissinger, of engaging China within a clear set of security parameters, remains the right course.
