ORDER INSTITUTING CEASE-AND-DESIST PROCEEDINGS PURSUANT TO SECTION 21C OF THE SECURITIES EXCHANGE ACT OF 1934, MAKING FINDINGS, AND IMPOSING A CEASE-AND-DESIST ORDER

SECURITIES EXCHANGE ACT OF 1934
Release No. 63152/October 21, 2010
ACCOUNTING AND AUDITING ENFORCEMENT
Release No. 3198/October 21, 2010
ADMINISTRATIVE PROCEEDING
File No. 3-14094

Litigation Release No. 21703/October 21, 2010

Accounting Auditing Enforcement Release No. 3199/October 21, 2010

Securities and Exchange Commission v. Office Depot, Inc., Civ. Action No. 9:10-cv-81239 (S.D. Fla. Oct. 21, 2010)

Amended Transcript of Regulation FD Roundtable (April 24, 2001)

"Regulation FD – An Enforcement Perspective" – Remarks of Richard H. Walker, Director, Division of Enforcement, before the Compliance & Legal Division of the Securities Industry Association, New York, November 1, 2000.

ACTION: Final rule.

SUMMARY: The Securities and Exchange Commission is adopting new rules to address three issues: the selective disclosure by issuers of material nonpublic information; when insider trading liability arises in connection with a trader's "use" or "knowing possession" of material nonpublic information; and when the breach of a family or other non-business relationship may give rise to liability under the misappropriation theory of insider trading. The rules are designed to promote the full and fair disclosure of information by issuers, and to clarify and enhance existing prohibitions against insider trading.

Fact Sheet:
Regulation Fair Disclosure and New Insider Trading Rules
August 10, 2000

Today the Commission will consider adopting new rules to address the problem of selective disclosure and clarify existing insider trading law. The new rules relate to three issues:

* Selective disclosure by issuers of material nonpublic information;
* When insider trading liability arises in connection with a trader's "use" or "knowing possession" of material nonpublic information; and
* When the breach of a duty of trust or confidence in a family or other non-business relationship gives rise to liability under the misappropriation theory of insider trading.

Strengthening Oversight of Credit Rating Agencies
Open Meeting of the Securities and Exchange Commission
Sept. 17, 2009
Overview:

The Commission approved a series of proposals designed to strengthen its oversight of credit ratings agencies, enhance disclosure and improve the quality of credit ratings. The proposals would improve the quality of ratings by requiring greater disclosure, fostering competition, helping to address conflicts of interest, shedding light on rating shopping, and promoting accountability.

ORDER INSTITUTING CEASE-AND-DESIST PROCEEDINGS In the Matter of CHRISTOPHER A. BLACK

Christopher A. Black: Lit. Rel. No. 21222 / September 24, 2009

CHRISTOPHER A. BLACK