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Martha Legg Miller’s Remarks at Maha Discovery Festival on August 15, 2019

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SEC Charges Prudential Subsidiaries For Misleading Funds They Advised,...

The Securities and Exchange Commission today charged two subsidiaries of Prudential Financial Inc. with failing to disclose conflicts of interest and making misleading disclosures to the boards for 94...

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Raymond James Agrees to Pay $15 Million for Improperly Charging Retail Investors

The Securities and Exchange Commission today instituted a settled order against three Raymond James entities for improperly charging advisory fees on inactive retail client accounts and charging excess...

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SEC Proposes Rules to Update Statistical Disclosures for Banking Registrants

The Securities and Exchange Commission today announced that it has proposed rules to update the statistical disclosures that bank and savings and loan registrants provide to investors, and eliminate...

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SEC Halts Alleged $125 Million Offering Fraud

The Securities and Exchange Commission today announced that it has filed an emergency action and obtained a temporary restraining order and asset freeze against three individuals and three entities...

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SEC Charges ICO Incubator and Founder for Unregistered Offering and...

The Securities and Exchange Commission today sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal $14 million securities offering of ICOBox’s digital tokens and for acting as...

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SEC Adopts New Rules and Amendments under Title VII of Dodd-Frank

The Securities and Exchange Commission today announced that it took a significant step toward establishing the regulatory regime for security-based swap dealers by adopting a package of rules and rule...

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SEC Charges Nissan, Former CEO, and Former Director with Fraudulently...

The Securities and Exchange Commission today filed settled fraud charges against Nissan, its former CEO Carlos Ghosn, and its former director Greg Kelly related to false financial disclosures that...

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SEC Charges PwC LLP With Violating Auditor Independence Rules and Engaging in...

The Securities and Exchange Commission today charged accounting firm PricewaterhouseCoopers LLP with improper professional conduct in connection with 19 engagements on behalf of 15 SEC-registered...

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SEC Brings New Charges in Multimillion Dollar Boiler Room Schemes

The Securities and Exchange Commission today announced new charges arising from a New York-based boiler-room scheme, alleging that Benjamin Conde orchestrated the manipulation of millions of shares...

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Does the financial crisis change the economic risk perception of crude oil...

Publication date: September 2019Source: Finance Research Letters, Volume 30Author(s): Likun Lei, Yue Shang, Yongfei Chen, Yu WeiAbstractIn this paper, we argue that the 2008 financial crisis changes...

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Political connections and the value of cash holdings

Publication date: September 2019Source: Finance Research Letters, Volume 30Author(s): Yuanto KusnadiAbstractThis study examines how political connections influence the value of cash holdings in an...

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Nowcasting of the U.S. unemployment rate using Google Trends

Publication date: September 2019Source: Finance Research Letters, Volume 30Author(s): Shintaro Nagao, Fumiko Takeda, Riku TanakaAbstractThis study examines whether and how the search intensity data...

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The causality between liquidity and volatility in the Polish stock market

Publication date: September 2019Source: Finance Research Letters, Volume 30Author(s): Barbara Będowska-Sójka, Agata KliberAbstractWe study dependencies between liquidity and volatility in the...

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Social-media and intraday stock returns: The pricing power of sentiment

Publication date: September 2019Source: Finance Research Letters, Volume 30Author(s): David C. Broadstock, Dayong ZhangAbstractThis paper tests whether sentiment extracted from social-media (Twitter),...

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Credit rating and microfinance lending decisions based on loss given default...

Publication date: September 2019Source: Finance Research Letters, Volume 30Author(s): Baofeng Shi, Xue Zhao, Bi Wu, Yizhe DongAbstractThis paper proposes a credit rating model that considers the impact...

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Share repurchases under uncertainty: U.S. evidence

Publication date: September 2019Source: Finance Research Letters, Volume 30Author(s): Burak Pirgaip, Burcu DinçergökAbstractWe examine the impact of economic policy uncertainty as measured by Baker...

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Revisiting the price effect in US stocks

Publication date: September 2019Source: Finance Research Letters, Volume 30Author(s): Paul Geertsema, Helen LuAbstractNominal price does not predict average stock returns in the cross-section of US...

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What influences portfolio contagion among open-end mutual funds?

Publication date: September 2019Source: Finance Research Letters, Volume 30Author(s): Junbin Liu, Xiaoxing Liu, Guangping ShiAbstractThis paper investigates the time-varying impacts of macroeconomic...

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Does CSR influence M&A target choices?

Publication date: September 2019Source: Finance Research Letters, Volume 30Author(s): Mathieu GomesAbstractWe examine the impact of corporate social responsibility (CSR) on mergers and acquisitions...

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