GENERAL ELECTRIC: Facing Potential Action on Securities Breaches

General Electric Company could face a civil injunctive action by the U.S. Securities and Exchange Commission over a possible violations of securities laws.

In September 2008, the SEC staff issued a “Wells notice” advising the Company that it is considering recommending…

GENERAL ELECTRIC: Hedge Accounting for Derivatives Probe Ongoing

The U.S. Securities and Exchange Commission’s investigation on the use of hedge accounting for derivatives by General Electric Company and General Electric Capital Corporation is ongoing.

In January 2005, the SEC staff informed the Company that that it had commenced an…