Radian Group, Inc. - RDN
Based on new information received from the SEC, we are removing Radian Group, Inc. (RDN) from our Watch List.
29-Dec-2014: The SEC cites the "law enforcement exemption" of the FOIA as basis to block our access to the detailed records we sought on this company. As a matter of law, they are acknowledging some sort of investigative activity. We filed an administrative appeal to challenge this denial.
03-Mar-2015: In response to our administrative appeal, the SEC has now informed us there are no records responsive to our request. While the SEC’s letter was not specific, we were told this could mean --
- There was an investigation that concluded in the past but the SEC’s records were not current at the time of our request.
- Alternatively, there may be an investigation involving not the company, but some other person or entity and the company was incidentally named or tangentially listed.
To learn more on our process and what our findings mean, click here.
Notes: The SEC did not disclose the details on investigations referenced above. The SEC reminds us that its assertion of the law enforcement exemption should not be construed as an indication by the Commission or its staff that any violations of law have occurred with respect to any person, entity, or security. New SEC investigative activity could theoretically begin or end after the date covered by this latest information which would not be reflected here.
