04/11/2014
AC Capital Advisors' landmark $1.8 billion settlement of a U.S. government insider-trading probe stretching back to 2007 was approved by a federal judge, bringing to an end the hedge fund's role as a money manager and capping a decade of insider
04/11/2014
These crimes clearly were motivated by greed
04/11/2014
Murray was found to have violated these terms
04/10/2014
Rules introduced after the collapse of Lehman Brothers Holdings Inc. to reduce systemic risk
04/10/2014
The Kuwaiti finance ministry said that it has established a committee
04/09/2014
The civil action stems from the dealings of convicted Ponzi schemer
04/09/2014
According to a release, the complaint charges Genworth and certain of its officers and directors with violations of the Securities Exchange Act of 1934
04/09/2014
The rules would limit banks' reliance on debt, part of efforts to prevent another financial crisis.
04/09/2014
In one YouTube video, an apparent investor is polishing his new Cadillac as a friend proclaims, “What an amazing car! How can you afford this?”
04/08/2014
Arbitration panel has held the firm liable for misrepresenting Lehman Structured notes as suitable for clients
04/08/2014
Citigroup has announced that it has reached an agreement with 18 institutional investors, represented by Gibbs & Bruns LLP, regarding the resolution of certain legacy Securities and Banking private-label securitization representation and warranty re
04/08/2014
A trial attorney from the Securities and Exchange Commission said his bosses were too “tentative and fearful” to bring many Wall Street leaders to heel after the 2008 credit crisis, echoing the regulator’s outside critics.
04/08/2014
The Volcker rule, aimed at banning proprietary trading, would have forced banks to divest their CLO investments, resulting in billions of dollars in losses.
04/08/2014
A Norway native admitted in federal court in San Diego Tuesday to using counterfeit and forged securities to steal more than $2 million from investors over a recent 13-month period.
04/08/2014
The banks’ deposit-holding subsidiaries will have to achieve a ratio of 6 percent. The subsidiaries are subject to a stricter ratio requirement because the deposits are insured by the government.
04/07/2014
Sustainability advocacy group Ceres, in collaboration with BlackRock and other major institutional investors across the globe, announced an initiative to engage global stock exchanges, via the World Federation of Exchanges, on a uniform standard for susta
04/07/2014
The U.S. Securities and Exchange Commission has put together a dedicated group to examine private equity and hedge funds, after the 2010 Dodd-Frank law required the funds to be regulated
04/03/2014
He and another one-time trader at the bank, Javier Martin-Artajo, are considered fugitives by the U.S. government for not coming to the United States to face trial over charges stemming from the so-called London Whale scandal.
03/31/2014
He has good experience understanding the inner workings
03/31/2014
Speech by Mr Daniel K Tarullo, Member of the Board of Governors of the Federal Reserve System, at the Harvard Law School