Tagged Articles

2008 2 articles

New SEC whistleblower office receiving better financial fraud tip-offs, Commissioner says

So far, so good was the message behind Securities and Exchange Commissioner Luis Aguilar’s assessment of the agency’s new whistleblower program, designed in response to the 2008 financial crisis to curb widespread financial fraud. Speaking to a panel of enforcement officials Thursday, Mr. Aguilar said that the SEC’s whistleblower office, established by the Dodd-Frank Act in 2010, has received nearly 3,000 tips from the U.S. and 45 foreign countries. But it’s not just the quantity of information pouring into the whistleblower office, it’s the quality as well. Mr. Aguilar said the incentives to report fraud and other wrongdoing have made ... Read More

2 dead, 2 injured in Utah Toyota sudden-acceleration crash

WENDOVER, UTAH — A deadly crash involving a 2008 Toyota Camry has killed two people and injured two in western Utah, reigniting fears that defects in many Toyota vehicles may trigger sudden, unintended acceleration incidents despite the company’s massive safety recalls. The November 5 crash occurred near the Nevada border. Utah State troopers said that the Camry’s driver. Paul Van Alfen, 66, tried to stop the vehicle as it exited the interstate. The runaway car sped past the stop sign at the bottom of the ramp and through an intersection before hitting a rock wall. The collision killed Mr. Van Alfen ... Read More