SIPC and SEC to Have a Court Showdown Over Stanford Claims
2/7/2012 Securities regulators are due to appear in court Tuesday to argue that thousands of victims of the alleged Ponzi scheme of Allen Stanford should be allowed to file claims for compensation with a brokerage industry-backed protection fund. The Securities Investor Protection Corp, which took charge of liquidation proceedings for the MF Global failure […]
State Loses Court Challenge to Law Forcing Retirement of Vermont Yankee Nuclear Plant
2/7/2012 An effort by legislators in Vermont to close the only nuclear power plant in the state has been struck down by a U.S. District Court judge. In the court decision, the judge ruled that only the federal government is authorized to regulate nuclear safety. The boiling water reactor located near Brattleboro was granted […]