Robert Cohen, Presenter in the HFT leaders Forum 2013, conducted an investigation against two executives

Robert Cohen

Robert Cohen

Robert Cohen, officer in the SEC’s Division of Enforcement and speaker at High-frequency Trading Leaders Forum 2013 New York City, conducted the investigation against two executives.

“The Securities and Exchange Commission charged Charles Schwab Investment Management (CSIM) and Charles Schwab & Co., Inc. (CS&Co.) with making misleading statements regarding the Schwab YieldPlus Fund and failing to establish, maintain and enforce policies and procedures to prevent the misuse of material, nonpublic information. The SEC also charged CSIM and Schwab Investments with deviating from the YieldPlus fund’s concentration policy without obtaining the required shareholder approval.”

Mr. Cohen joined the SEC in 2004. He has been involved in significant enforcement actions involving investment advisers and investment companies, insider trading, market manipulation, and public company accounting and financial disclosure violations.

Prior to joining the Commission, Mr. Cohen was in private practice and served as a law clerk to the Honorable Alexander Williams, Jr., United States District Court for the District of Maryland. He received his J.D. from the New York University School of Law, where he served on the Law Review, and received a B.S. from Cornell University.

Read more

Advertisements
This entry was posted in Finance, Regulatory Updates and tagged , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s