Brings greater transparency to corporate bond market for retail investors
Bearish rumour caused RF Micros shares to fall 10%
Regulator focused on fund sales practices, market-timing violations
New board to be elected
Merrill Lynch, Wachovia temporarily suspended from registering new brokers
Quattrone is permanently banned from securities industry
Task force calls for increased disclosure
Detailed disclosure of conflicts of interest, tightening of procedures at issue
Alleges brokers misrepresented sale of Enron bonds
Hedge fund sales materials included unsubstantiated claims, inadequate risk disclosure