05/22/2014
U.S. regulators are investigating Charles Schwab Corp. and Bank of America Corp.'s Merrill Lynch brokerage over whether they are doing enough to learn about their clients' identities.
05/21/2014
U.S. authorities are seeking more than $5 billion from BNP Paribas SA to settle federal and state investigations into the lender’s dealings with sanctioned countries including Sudan and Iran
05/21/2014
Top financial regulators are considering adding large mutual funds, hedge funds and private equity firms to the list of institutions that are officially “too big to fail,” and some of those money managers pushed pack this week.
05/20/2014
FSOC meeting to explore the activities and potential risks in the asset management industry
05/19/2014
The sentencing caps one of the biggest victories for prosecutors who spent seven years investigating the firm and its boss, Steven A. Cohen.
05/19/2014
It was not immediately clear why prosecutors decided to abandon the additional counts
05/19/2014
The rich are going to be heavily impacted by ongonig regulatory change
An international law firm network has canvassed its members to see what trends are predicted for the next 20 years.
05/16/2014
A federal U.S. judge on Thursday denied a request for a new trial made by three former UBS AG bankers who were convicted of rigging bids to invest municipal bond proceeds.
05/16/2014
FINRA said Imbertson placed hundreds of unauthorized trades on accounts
05/16/2014
The Securities and Exchange Commission today charged New York-based Rafferty Capital Markets with illegally facilitating trades for another firm that wasn’t registered as a broker-dealer as required under the federal securities laws.
05/15/2014
The document did not describe why staffers chose to highlight BlackRock Solutions
05/15/2014
Citigroup Inc., the U.S. bank investigating a $400 million loan fraud at its Mexico unit, fired 11 people for failing to prevent or discover the wrongdoing and said more will face punishment.
05/15/2014
The US Justice Department is seeking tough criminal penalties against European giants Credit Suisse and BNP Paribas as prosecutors aim to demonstrate that no institution is "too big to jail."
05/15/2014
The Securities and Exchange Commission today charged a Tiburon, Calif.-based securities salesman for selling millions of dollars in oil-and-gas investments without being registered with the SEC as a broker-dealer or associated with a registered broker-dea
05/13/2014
The Securities and Exchange Commission scored a victory on Monday as a jury said the wealthy Wyly brothers committed civil fraud using a complex web of offshore trusts to hide stock sales and reap $550 million in profits.
05/13/2014
The SEC’s investigation was conducted by Janet Weissman and Alka N. Patel of the Los Angeles Regional Office
05/13/2014
President Plosser believes that the Federal Reserve Board staff's model, called FRB/US, seems to be a reasonable starting point for providing economic forecasts based on those rule-based policies.
05/12/2014
The firms argued they were trapped between US law
05/12/2014
U.S. Advances Offensive on Use of Swiss Insurance to Hide Assets
The NPA applies only to the four specific entities that are party to it and does not apply to any other subsidiaries of swisspartners Investment Network AG or any individuals.
05/12/2014
The regulator said the unit treated the phrases interchangeably, even though indications of interest lead to share purchases only if investors reconfirm them, while conditional offers to buy can result in binding share purchases unless investors revoke th