S&P Dow Jones Fined $9M Over Index Glitch
The SEC says the VIX index published stale values during the market spike on Feb. 5, causing huge losses on a Credit Suisse futures contract.
SEC Urges Heightened Disclosure During Volatility
Companies should address “the effects of a potential ‘short squeeze’ due to a sudden increase in demand for your stock.”
Securities Fraud Class Actions Spike Again
Cases filed since the beginning of 2017 represent more than 20% of all such cases filed since 1997.