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Article

Cross-Market Manipulation Under the Microscope

The authors discuss illustrative cross-market manipulation enforcement cases and their implications for market participants in the EU, UK and US.

Case

Financial Reporting Investigation Following SEC Inquiry

Cornerstone Research was retained by counsel for an investigation into an entity’s financial statement close and reporting process in response to issues raised by the SEC.

Case

Revenue and Financial Reporting Internal Investigation

Cornerstone Research analyzed accounting and business records for a healthcare-related company.

Press Release

Jennifer Marietta-Westberg Joins ILE Board of Directors

Dr. Marietta-Westberg was invited to serve on the board of directors at the Institute for Law and Economics at the University of Pennsylvania.

Case

Leveraged and Inverse ETFs

On behalf of a financial institution, Cornerstone Research examined investor trading activity in leveraged and inverse ETFs.

Case

Trading in ETF Basket Securities by an Authorized Participant

Counsel for an ETF sponsor retained Cornerstone Research to examine the potential manipulation of the NAV of certain fixed-income ETFs through trading in the market for the underlying bonds.

Case

Trading in ETF Shares by Affiliated Parties

Cornerstone Research assisted a financial institution with its internal investigation into trading in ETF shares by affiliated parties.

Case

Valuation of Odd-Lot Holdings of Securities by ETFs

The SEC did not pursue its investigation into the ETFs’ valuation of certain odd-lot holdings.

Case

Regulatory Matter Involving Alleged Failure of an Auditor to Detect Fraud

The regulator ended its investigation without filing charges in an investigation involving a foreign affiliate of a large audit firm.

Press Release

Forbes Magazine Names Cornerstone Research to 2019 List of America’s Best Management Consulting Firms

Firm receives high marks across multiple areas of expertise.

Press Release

Cornerstone Research Promotes Yesim C. Richardson and Andrew D. Richmond to Senior Vice President

Financial institutions practice leader and Chicago office head recognized for exceptional leadership.

Case

SEC Proceeding Regarding Municipal Debt Offering

The SEC dropped their investigation into the defendants’ municipal debt offering.

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