What will the Commission do if a person or institution refuses to cooperate with its investigations?
The Commission has powers to inter alia enforce the attendance of witnesses and examine them and to compel the disclosure of any information or the production of any accounts, books, documents or articles. Failure by a person or institution to cooperate with the Commission is an offence under the Act.
- Does a person who satisfies the Securities and Exchange Commissions requirement of an audit committee "financial expert" satisfy NASDAQs "financial sophistication" requirement?
- If a person has a degree from an institution outside of the United States, are his/her general education requirements met by the prior coursework?
- How does a person become eligible to be appointed by the Commission?