Throughout the week over at Securities Docket, I highlight the most interesting columns and blog posts from around the web on the subjects of SEC enforcement and securities litigation. Here is a digest of my picks for the week ending July 9:

The Impact of Financial Reform on Securities Litigation and Enforcement

Harvard Law School Forum on Corp. Gov. | Wayne M. Carlin | Jul 9, 2010

In addition to many significant regulatory provisions, the conference report text of the proposed Dodd-Frank Wall Street Reform and Consumer Protection Act contains a number of provisions in Title IX (Investor Protections and Improvements to the Regulation of Securities) which, if enacted, would have a significant impact on securities litigation and enforcement. Other proposed provisions were considered and discarded during the conference committee process. Here are the highlights of the conference report text as it now stands.

Skadden’s Zornow on Prosecutions Deferred

Corporate Crime Reporter | Jul 9, 2010

Last month, after seven years of being investigated, prosecuted and indicted – two former Bristol Myers Squibb executives were vindicated. They accepted deferred prosecution agreements from the Justice Department. Translation – the Department couldn’t win these cases. And they couldn’t just drop them. So, to save face, they did the next best thing. DPA.

Sex, lies, and accounting fraud

AccountingWEB.com | Kevin Voigt | Jul 7, 2010

When Sam Antar was cooking the books for his company, he used a number of complicated accounting tricks to dupe auditors. But some tactics were simple. "These auditors from the Big Four accounting firms are usually single kids just a few years out of school. What do kids in their 20s think about all the time? Sex," said Antar, who was at the center of a multi-million dollar fraud 20 years ago. So Antar would pair "cute hot female" employees with male auditors as part of his distraction strategy. "In effect, I was a fraudster, matchmaker, and pimp," said Antar, who avoided jail time by working with the U.S. government, and now advises government agencies and businesses on avoiding accounting fraud.

Dangerous liaisons at IBM: Inside the biggest hedge fund insider-trading ring

Fortune | James Bandler with Doris Burke | Jul 6, 2010

At 7:30 in the morning on Oct. 16, 2009, Robert Moffat had already been at his desk at IBM's headquarters in Armonk, N.Y., for an hour and a half. As he had almost every day in his 31-year career at the company, he had left home at 5:30 a.m. to get a jump on work. He had just finished his first call of the day when his phone rang. It was his wife, Amor. He needed to come home immediately, she said. Five FBI agents were at the house to arrest him for conspiracy related to insider trading. "What's going on?" Amor implored. "I don't know," Moffat said.