Critics fear U.S. regulations will deter risk-taking and hurt economy

Article Abstract:

Industry analysts have criticized the Sarbanes Oxley Act, claiming it will undermine creativity among management executives. The new anti-corruption legislation may discourage executives from taking risks in business ventures and create an adverse effect on the economy.

Government regulation (cont), Government regulation, Management Development, Laws, regulations and rules, Management

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YBM officers pocketed millions, U.S. says

Article Abstract:

A U.S. probe of defunct YBM Magnex International Inc. has found that Semion Mogilevich and other former YBM officers took over $25 million from the sale of YBM shares. U.S. federal prosecutors have alledged that Mr. Mogilevich earned $18.4 million from YBM stock.

Computer software industry, YBM, Mogilevich, Semion

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Landmark YBM case ends with a whimper

Article Abstract:

Five former directors of YBM Magnex International Inc. were given penalties by the Ontario Securities Commssion in a landmark case against the firm. However, three other directors were not penalized in the case of the company's alleged organized crime links.

Executive changes & profiles, Officials and employees, Discipline, Ontario, Organized crime

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