05/22/2015
The ex–Fed chairman wants to merge the SEC and CFTC, create a new super-supervisor at arm’s length from the central bank and shield financial stability panel from political interference.
05/22/2015
The wife of an NFL player says she worked in a real-life “Wolf of Wall Street’’ office where co-workers sexually harassed her and openly mocked her marriage to a black man.
05/21/2015
FINRA has about 3,400 employees
05/21/2015
The sentencing came one day after another cooperating defendant, former Madoff controller Enrica Cotellessa-Pitz, also avoided prison.
05/21/2015
The proposal will "vastly improve the type and format of the information that funds provide to the commission and to investors"
05/21/2015
When banks are fined by the government, the money doesn’t always go entirely to the Treasury.
05/21/2015
The Commerce Department’s Bureau of Industry and Security (BIS) is proposing requiring a license in order to export certain cybersecurity tools
05/21/2015
Netflix, where Kail worked from 2011 until he left for Yahoo last summer, sued Kail in November in Santa Clara County Superior Court
05/20/2015
The underlying loans were worth $778.6 billion.
05/20/2015
The decision is unusual because it explains the reasons behind the ruling.
05/20/2015
The announcement comes as four other major banks are expected to fined billions of dollars for rigging the foreign exchange market in settlements with US and British regulators.
05/20/2015
Many banks’ prime brokerages seeing unusually high level of staff turnover
05/20/2015
Barclays has agreed to pay a combined total of £1,533 million (sterling equivalent). In common with other financial institutions announcing FX settlements today with the DOJ, Barclays has also agreed to plead guilty to a violation of US anti-trust l
05/20/2015
Defendants Defrauded More Than 20 Foreign Investors through Private Offering in New York
05/20/2015
The proposal will ‘vastly improve the type and format of the information that funds provide to the commission and to investors,’ SEC Chairman Mary Jo White said.
05/20/2015
One rule-breaker said "if you ain't cheating, you ain't trying", while others used hand signals to cheat clients and fix financial markets
05/20/2015
Stratos convinced the manager of a Philadelphia family office to send money that he would in turn use to buy Facebook shares from employees before its initial public offering in May 2012.
05/19/2015
The judge gave all plaintiffs a chance to amend their complaints.
05/18/2015
Critics upset with passes sought by firms admitting wrongdoing
05/15/2015
Barclays Plc will probably be fined for violating a three-year-old settlement over interest-rate rigging