It was a smart move by Rakoff to allow the government a chance to see the evidence that theSecurityandExchangeCommission (SEC) had on Raj and his co-conspirators during the civil proceedings.
That long tail includes about a hundred databases of specialized information that the search engine is now working on indexing, such as theSecurityandExchange Commission's online filings andthe online collection of medical journals known as PubMed.
Gov. Kathleen Blanco andthe State Legislature - which took this step at the initiative of Rep. Pete Schneider (R-Slidell) - are to be strongly commended, both for the contribution they are making to mitigate these funds' exposure to what the Securities andExchangeCommission calls 'global security risk' and, we hope, to denying state sponsors of terror the wherewithal they could use to harm Americans.
Although CSAG's products simply provide information for investors focused on the financial risk to the share values and reputations of these firms, its work has nonetheless catalyzed the recent commitment by Securities andExchangeCommission Chairman Donaldson to establish a new Office of Global Security Risk at the SEC.