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May 31, 2007

Martha Stewart Shareholders to Get $30M

Martha Stewart Living Omnimedia Inc. shareholders has received approval for a $30 million settlement in a lawsuit that claimed the company founder and other executives lied about the risks posed to the company by the investigation into her stock trading.

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Emerging-Market Bonds, Stocks Tumble as U.S. Bailout Rejected

Sept. 29 (Bloomberg) -- Emerging-market bonds, currencies and stocks plunged after the U.S. House rejected a $700 billion financial rescue package and as bank bailouts in Europe sparked concern the crisis is spreading. Read more here

Law OK'd to fine firms for false financial info

_ The Diet on Wednesday passed a bill to amend the Securities and Exchange Law to fine companies for providing false information in their financial statements and to tighten rules on large-lot off-hours stock trading.

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NYSE asks SEC for delay in part of Reg NMS stock trading regulations

The New York Stock Exchange on Friday asked the Securities and Exchange Commission for a partial delay in adopting new trading rules that interconnect markets to give investors the best price.

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