The Financial Industry Regulatory Authority Inc. has created the Office of the Whistleblower to expedite the review of “high-risk” tips.
Advent Software Inc., a software and services provider to investment managers, has launched a new version of Tamale RMS, which centralizes data.
House Financial Services Committee Chairman Barney Frank called yesterday for creating an optional federal charter for life insurance companies.
Massachusetts Secretary of State William Galvin’s securities division asked wants to revoke the license of a brokerage firm which served as a feeder fund for the investment firm of accused swindler Bernard Madoff.
The Securities and Exchange Commission on Wednesday settled a charge that 14 trading firms cheated customers out of millions of dollars.
Federal banking regulators knew as far back as 2002 about problems at First National Bank Holding Co.’s banks in Arizona, California and Nevada but failed to act until shortly before their demise last year, auditors said today.
UBS AG official on Wednesday will face questions from a Senate panel for the first time since the bank acknowledged helping tens of thousands of American clients hide assets from the U.S. government.
The mutual fund industry today called for combining the Securities and Exchange Commission and the Commodity Futures Trading Commission into a one entity.
The Department of the Treasury and the Federal Reserve today launched a program designed to increase lending to consumers and small businesses.
Banks need to get rid of toxic assets, Boston Federal Reserve Bank President Eric Rosengren told a group of bankers yesterday in Washington.
Federal authorities have frozen $138 million in North Dakota's state pension and workers compensation funds, records show.
The Securities Investor Protection Corp. will raise member brokerage firm assessments to 0.25% of net operating revenue. The new rate, up from the current flat $150 per year, is effective April 1.
The Ohio Department of Insurance today released the names of the 20 companies that have raised their surplus levels through approved accounting breaks.
The challenge: Because of the increase in corporate layoffs, retirement plan rollovers are becoming more important.
Two ex-Smith Barney brokers have been cleared of allegations that they took private client information to their new firm.
Congress should permanently push back the age at which retirement savings account holders must take withdrawals, the head of the Investment Company Institute testified last week.
Taking the grunt work and the guesswork out of retirement account tax management could be right around the corner, assuming that a new product from LifeYield LLC can live up to the hype building around it.
President Obama and Treasury Secretary Timothy Geithner are resisting calls for the nationalization of Citigroup Inc. and perhaps other large banks.
The Public Company Accounting Oversight Board may soon have the authority to inspect auditors for all broker-dealer firms, even private ones.
