Andrews Corporate Officers and Directors Liability Litigation Reporter
October 12, 1998
Copyright (c) 1998 Andrews Publications
SEC SANCTIONS INVESTMENT COMPANY, CEO FOR UNAUTHORIZED TRADING
In the Matter of Rhumbline
The Securities and Exchange Commission has sanctioned Boston-based Rhumbline Advisers and its chief executive officer, John D. Nelson, for failing to prevent $162 million in losses to two pension fund accounts, the result of unauthorized options...