Fortress Investment Group today closed a pair of funds with a final total of $5 billion in third-party commitments.
SEC chairman Christopher L. Cox delivered Congress a "white paper" calling for upgrades to accounting and disclosure in the municipal securities market.
Amaranth Advisors LLC and a pair of its traders face $291 million in penalties for price manipulation, the Federal Energy Regulatory Commission said today.
Leon Black could hold a stake worth $3 billion once the private equity firm sells part of itself to investors, the New York Post reported.
The SEC approved a new accounting standard that would lower costs on Sarbanes-Oxley compliance.
FSC Securities of Atlanta was taken to task in a recent NASD arbitration panel decision.
Democratic presidential candidate John Edwards wants to raise the capital gains tax from 15% to 28%.
Former hedge fund trader Mark Lenowitz pleaded guilty to profiting from inside tips allegedly leaked by a former UBS executive.
Bear Stearns Broker-Dealer Services has expanded its sales and account officer teams with four new hires.
The first bipartisan House version of the National Insurance Act of 2007 was reintroduced today.
