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February 27, 2010
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Securities News

 


Panel on Enron and Developments in Business Ethics Set for Denver 

June 5, 2006 -- When a Houston jury recently convicted Enron's former chief executives of fraud and conspiracy, the director of the Justice Department's Enron Task Force said, "... you can't lie to shareholders, you can't put yourself in front of your employees' interests, and no matter how rich and powerful you are, you have to play by the rules."

O.C. Ferrell, Bill Daniels Distinguished Professor of Business Ethics at the University of Wyoming, got a different perspective when he exchanged views with Ken Lay, the former CEO of Enron, two days after his May 25 conviction.

According to Ferrell, Lay maintains his innocence and feels that he only made decisions that were approved by his lawyers and accountant (Arthur Andersen). In addition, he blames the Enron board of directors for not taking some responsibility for approving many of the decisions made within the company.

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Did You Know?    
 
 
Variation Margin: Payment made on a daily or intraday basis
Variation Margin: Payment made on a daily or intraday basis by a clearing member to the clearing organization based on adverse price movement in positions carried by the clearing member, calculated separately for customer and proprietary positions.

 


  Securities News  
 


Latest news about securities cases in Tennessee and nationwide:

SEC Charges Family With $3.7 Million Insider Trading Scheme
The Securities and Exchange Commission today announced the filing of a civil action in federal district court in New York, New York involving a ram...
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Columbia Stock Broker Pleads Guilty to Stealing $125,000 From Medicaid
Columbia Stock Broker Pleads Guilty to Stealing $125,000 From Medicaid

Attorney General J. Joseph Curran, Jr., announced t...

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Rokita Applauds Passage of Securities Legislation
House Enrolled Act 1229 provides that county prosecutors may appoint attorneys from the Secretary of State's Securities Division as special ...
Read more >


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Securities Terms

 


Saturday's Term

Margin

Definition:
The amount of money or collateral deposited by a customer with his broker, by a broker with a clearing member, or by a clearing member with a clearing organization. The margin is not partial payment on a purchase.

Exercise Price (Strike Price)

Definition:
The price, specified in the option contract, at which the underlying futures contract, security, or commodity will move from seller to buyer.

Buy (or Sell) On Opening

Definition:
To buy (or sell) at the beginning of a trading session within the open price range.

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Securities Resources

 


Search Securities resources in our resource center:

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Securities Hot Topics

 
Topics Related to Securities:

  • Investment Fraud
  • Stock Fraud
  • Bond Fraud
  • Mutual Fund Fraud

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Tennessee Securities Attorney

 
If you live in the following cities and need an securities attorney you should contact our Securities Attorney as soon as possible:

  • Antioch
  • Brentwood
  • Bristol
  • Chattanooga
  • Clarksville
  • Cleveland
  • Clinton
  • Collierville
  • Columbia
  • Cookeville
  • Cordova
  • Dayton
  • Dyersburg
  • Elizabethton
  • Franklin
  • Gallatin
  • Goodlettsville
  • Hendersonville
  • Hermitage
  • Hixson
  • Jackson
  • Johnson City
  • Kingsport
  • Knoxville
  • Lebanon
  • Madison
  • Maryville
  • Mc Minnville
  • Memphis
  • Millington
  • Morristown
  • Mount Juliet
  • Murfreesboro
  • Nashville
  • Oak Ridge
  • Shelbyville
  • Smyrna
  • Soddy Daisy
  • Springfield
  • Tullahoma
 


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