The SEC filed a complaint against Marc Dreier today. I held off on mentioning his arrest in Toronto because it was all too weird. I figured that there was something wrong with the press reports, or another story underneath.
Well, there is another story, but it doesn't make the whole thing any less weird.
Google Marc Dreier for the stories about his arrest. The SEC Complaint is at
http://www.sec.gov/litigation/complaints/2008/comp20823.pdf
Thanks to Securities Docket for alerting us to the filing!