Stark & Stark Shareholder Authors Articles Discussing SEC Bid Test and Recent FINRA Disciplinary Case
Stark & Stark Securities group Shareholder, Bill Singer, is the author of a weekly column, Intelligent Investing, for Forbes Magazine. The column focuses on Wall Street regulatory developments and discusses regulation from the individual investor’s point of view.
On April 17, 2009 Mr. Singer's article, Short-Selling: The Next 'American Idol'?, questions if the Securities and Exchange Commission should let the public have a voice in how to regulate our financial markets. On April 8, 2009 the SEC announced that it was opening its phone lines and seeking the public’s opinion as to whether or not it would reinstate a tick/bid test. Mr. Singer argues that this is one area in which the commission should be the judge, not the public. You can read the full article here. (PDF)
On April 24, 2009 Mr. Singer' article, Love Stinks, discusses the Financial Industry Regulatory Authority’s recent disciplinary case against former Cowen & Co. Senior Research Analyst, Dhulsini Hermani De Zoysa. Among other things, FINRA charged De Zoysa with having a romantic relationship with the Chairman and CEO of a company she covered. Mr. Singer questions the validity of FINRA’s complaint, which states that De Zoysa should have disclosed the relationship in each of the 19 reports she published during the three month relationship. Mr. Singer goes on to question the guidelines FINRA uses to define a “romantic relationship.” You can read the full article here. (PDF)
