Proprietary traders who use computers to buy and sell stocks in milliseconds would have to register with the agency under chair's recommendations.
Facing new pressure to overhaul trading after Michael Lewis's book "Flash Boys," the regulator may require brokers to reveal exactly where stock trades are executed. The change would limit deals brokers make with exchanges at the expense of investors' interests.
The plutocrats are heralding Ben S. Bernanke's eight years as Federal Reserve chairman. And with good reason, but maybe we should wait before we start the parade.
<i>Breakfast with Benjamin:</i> Don't look now, but wage growth (for dishwashers, for example) is on the radar. Plus: The SEC's half fix for money funds, a golden cross for Goldman, judge blocks 'Wall Street Wolf's' sucker list, and big city life can be a drag.
On today's <i>Breakfast with Benjamin</i> menu, Pres. Obama pushes for tighter border rules for U.S. companies trying to exit for tax purposes, asset managers unprepared for a bear market, and more.
Structured products, non-traded REITs and private placements just a few of the products under scrutiny.
High court says 'presumption of prudence' shouldn't be considered a special defense against lawsuits alleging breaches of fiduciary duty.
On Friday's menu: Barclays hits back on dark pool charges. Plus: Seeing the markets through the eyes of regular investors, why young folks should embrace bear markets, discount retailers set to shine, another cheap swipe at mortgage interest deductions, and the SEC hasn't forgotten about those pesky high-speed traders.
Charges against trader are sign of prosecutor's willingness to criminalize financial industry disputes formerly relegated to contract litigation
Public pressure on Finra's expungement process has arbitrators thinking twice about erasing disclosure events, attorneys on both sides agree.
The investment research firm will pay Business Logic for the software company's intellectual property.
Helps fee-only planners meet CFP Board definition prohibiting such affiliation with firms that charge commissions
Finra says Morgan Stanley advisers allegedly failed to make key distinctions when soliciting clients to buy shares in 83 IPOs including Yelp and Facebook.
Berthel Fisher, not long after settling most of their claims over DBSI, gets hit with a lawsuit over a failed private placement notes deal by a noted real estate investor. Bruce Kelly has the details.
Revisions are a sign of pressure to come on the financial reform package.
Settlement requires him to pay more than $500,000
California Democrat cites stats showing that every year, SEC examines just 9% of the roughly 11,000 RIAs under its purview.
Morningstar reached an agreement with Business Logic, which had filed an intellectual property lawsuit against the research firm.
Business Logic Corp., a managed accounts software firm, is suing Morningstar Inc., claiming the company illegally replicated some of its software
