Friday, February 23, 2007
There are many ongoing investigations about options backdating that seem to drag on. A New York Times focuses on the $7 million settlement that Brocade Communications agreed to pay last July, which has not yet been approved by the SEC. Does this signal disagreement among the Commissioners? Some say the SEC is just taking its time to understand the situation better. NYTimes, The Slow Pace of Justice on Options Backdating.