Bloomberg takes a look at the case of Kenneth Wayne McLeod , a financial advisor who handled retirement accounts and other investments for more than 1,100 people, most of them in law enforcement. McLeod gave frequent presentations on retirement planning...

Despite finding evidence of fraud, the Washington Post says the Securities and Exchange Commission has decided it won't charge Moody's, one of the credit rating firms that seriously misjudged the mortgage-backed securities at the heart of financial...

Houston American Energy Corp . -- the subject of a recent Sharesleuth.com investigation - is boosting its stake in a Colombian oil prospect that it claims has 1 billion to 4 billion barrels of recoverable oil. Houston American (AMEX: HUSA) said...

This week, the Securities and Exchange Commission announced that it had settled a securities violation with New Jersey and issued a cease and desist order -- the first ever against a state. Ashby Jones at the Wall Street Journal says the SEC...

A recent Securities and Exchange Commission filing by the chief executive of China Fire & Security Group Inc. (Nasdaq: CFSG) has raised additional questions about disclosure by the company and its major shareholders. Vyle Investment Inc.,...

Mesa Energy Holdings Inc. , which was the subject of a Sharesleuth story in April , is facing a formal Securities and Exchange Commission investigation. Mesa (OTCBB: MSEH.OB) said in a public filing that the SEC appears to be investigating whether...

The cease and desist order, issued today, is the first ever by the SEC against a state. New Jersey agreed to settle the charges without admitting or denying any wrong doing, according to the agency . The SEC says the state misrepresented...

The 3rd Circuit Court of Appeals recently refused to revive most of the claims made by investors who sued the insurance company because they believed it made false statements about its supposedly "disciplined" investment strategy. The plaintiffs claimed...

The two, Ronald and Reynold Mainse , aren't accused of fraud, but the government of Ontario says they broke trading rules by failing to register before promoting two investment schemes to dozens of their friends and receiving over $250,000 (U.S) in commissions....

Telestone Technologies Corp. (Nasdaq: TSTC) doubled its sales last year, with nearly all of the gains coming from the three big players in China's burgeoning wireless communications market. The Beijing-based company, which provides equipment...