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Securities

Jan. 7, 2006

McAfee Fine Heralds SEC's New Penalty Policy

SAN FRANCISCO - The Securities and Exchange Commission finally has announced its guidelines for seeking monetary penalties against public companies. The long-awaited checklist comes just as the agency socked a Santa Clara-based tech company with a $50 million fine, believed to be the largest in Silicon Valley history.

By Anna Oberthur
Daily Journal Staff Writer
        The Securities and Exchange Commission finally has announced its guidelines for seeking monetary penalties against public companies.
        The long-awaited checklist comes just as the agency socked a Santa Clara-based tech company with a $50 million fine, believed to be the largest...

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