Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Friday, February 23, 2007

Backdating Options Investigations -- No End in Sight?

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.

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