S.E.C. Accuses Firms and Latvian Trader of Market Abuse
The Securities and Exchange Commission filed actions against the Latvian trader, who is accused of making more than $850,000 in illegal profits, and the four electronic trading firms he used.
View ArticleBear Stearns Ex-Managers to Pay $1 Million to Settle Fraud Case
The federal judge overseeing the securities fraud case said it was "being settled for, relatively speaking, chump change," but that he was inclined to sign off on the settlement.
View ArticleRegulators Sue Silicon Valley Entrepreneur
The Securities and Exchange Commission sued Benedict Van on Monday, accusing him of luring unsophisticated retail investors with "false and misleading" promises about start-ups that he claimed would be...
View ArticleRegulator Seeks Feedback on JOBS Act
Now that the Securities and Exchange Commission has to enforce the JOBS Act, it wants the public to weigh in on several of the changes.
View ArticleBuilding in World Financial Center Evacuated
A World Financial Center building, home to several Wall Street firms, was evacuated on Thursday as the police investigated a "suspicious package," according to New York officials.
View ArticleRegulators Defend Derivatives Rule
Regulators approved a rule on Wednesday that spells out the type of derivatives dealers that will soon face federal oversight, a crucial piece of the broader regulation for the market that played a...
View ArticleWall Street Wants More From the JOBS Act
One of Wall Street’s most powerful lobbying groups is pushing regulators to scrap certain rules and ease others.
View ArticleOn Eve of Berkshire Meeting, Sokol’s Legacy Lingers
In an interview with the Fox Business Network on Thursday, Warren Buffett said that Berkshire was still picking up the tab for the lawyers of David Sokol, the former star manager who is under...
View ArticleDespite Doubts, Lehman Charges Still Possible
Suggestions that an investigation into the collapse of Lehman Brothers could end without any enforcement actions came from a months-old memo that was drafted by low-level S.E.C. enforcement staff...
View ArticleRegulators Adopt New Tools to Prevent Another Flash Crash
The Securities and Exchange Commission adopted measures that would enforce marketwide circuit breakers and prevent erroneous trades from entering the system.
View ArticleRegulator Releases ‘Road Map’ on Swaps Overhaul
The Securities and Exchange Commission plans rules that will require companies to trade most derivatives contracts through regulated exchanges and force most derivatives deals to go through...
View ArticleS.E.C. and Justice Dept. End Mortgage Investigations Into Goldman
Federal authorities ended two separate investigations into mortgage-related investments during the financial crisis, handing a quiet victory to the bank after years of public scrutiny.
View ArticleWells Fargo Settles Mortgage-Crisis Case for $6.5 Million
Wells Fargo settled a case with the S.E.C. involving asset-backed commercial paper that it sold to nonprofit groups, local governments and other investors. The agency said the bank sold troubled...
View ArticleLawmakers Delay Plans to Increase Oversight of Regulators
Lawmakers postponed plans to advance a bill that could curb the influence of Wall Street regulators, a move that came as some federal officials mounted opposition to the effort.
View ArticleNew York Stock Exchange Settles Case Over Early Data Access
The New York Stock Exchange agreed to adopt new internal controls and pay a $5 million penalty to settle accusations that its trading data gave select clients a split-second advantage.
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