Category: Securities and Exchange Commission
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SEC probes Miami Gardens’ $60-million bond issue; Were bond funds diverted?
By Francisco Alvarado
FloridaBulldog.org
The U.S. Securities and Exchange Commission is investigating Miami Gardens to determine whether city officials violated federal laws in connection with its $60-million general obligation bond issue approved by voters in 2014. -
You don’t need X-ray vision to see through Gov. Rick Scott’s blind trust
By Dan Christensen
FloridaBulldog.org
Gov. Rick Scott keeps his $127.8 million stock portfolio in a blind trust, but the trust isn’t doing its job of preventing him from having knowledge or control of his investments. The blind trust keeps the governor’s assets out of sight of the public, but fails to blind him to his investments. -
Rick Scott and allegations of corporate spying and theft by a company he helped oversee
By Dan Christensen
BrowardBulldog.org
Most Floridians know that before Rick Scott was governor he headed a hospital chain that paid $1.7 billion to resolve criminal and civil charges of healthcare fraud. Less known is the story of Scott’s involvement as an investor, director and paid consultant at another firm that settled civil claims of corporate spying and theft a month before Scott’s 2010 victory in the Republican gubernatorial primary propelled him towards the governor’s mansion. -
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Ex-SEC chief now helps companies navigate post-meltdown reforms
By Lauren Kyger, Alison Fitzgerald and John Dunbar
Center for Public Integrity
On March 11, 2008, Christopher Cox, former chairman of the Securities and Exchange Commission, said he was comfortable with the amount of capital that Bear Stearns and the other publicly traded Wall Street investment banks had on hand. Days later, Bear was gone, becoming the first investment bank to disappear in 2008 under the watch of Cox’s SEC.
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