Former Treasury Secretary Henry M. Paulson today said that last-minute authority given to the Treasury Department by Congress to save failing financial institutions probably averted another Great Depression.
Mark Singer, a former Smith Barney broker who's been accused of criminal fraud in connection with the handling of cemetery trust funds in the Midwest, is suing his former employer for $7 million in unpaid compensation, plus legal costs.
The Securities and Exchange Commission proposed, on a 5-0 vote, requiring exchanges to keep records of trading orders from start to routing to execution
The securities industry will receive proposals this week to improve record-keeping in the stock market and coordinate rules on erroneous trades, two concerns that were highlighted by the May 6 selloff.
The reforms to money market funds that took effect last month aren't enough to address the problems associated with these investments, a Neuberger Berman executive said today.
When Capitol Hill negotiations on landmark financial-regulatory-reform legislation begin in earnest this week, proponents of putting a universal fiduciary standard in the final bill must overcome a head start that backers of a weaker provision have gained.
Hired guns include Richard Gephardt, Harold Ford Jr., and a onetime SEC commissioner; lobbying budget doubled
Five outside challengers for seats on the board of the Financial Industry Regulatory Authority Inc. will have their names placed on the ballot for the upcoming election.
Congress has decided to protect fraudsters from investors. It's supposed to be the other way around.
The clock is running down on home purchasers looking to qualify for a hefty tax break. But a new proposal in Congress would cut these buyers -- and those who lend to them -- a little slack.
Barbara Jones sentenced the former WorldCom boss to a long stretch in prison. But attorneys say she's lenient to those who cooperate
The Financial Industry Regulatory Authority Inc. announced today that it has hit Citigroup Global Markets Inc. with a monetary sanction for supervisory violations relating to its handling of trust funds belonging to cemeteries in two states.
The securities regulator aims to boost transparency -- and curb conflicts of interest -- in the $2.8T municipal issuance industry
Regulator charged McGinn Smith with “misusing” investors' funds in the sale of $89 million in private notes
The teen game platform omgpop.com offers some useful lessons on how to get market participants to change their behavior.
The U.S. House approved legislation to extend unemployment insurance, restore some tax breaks and raise taxes on managers of buyout funds and other investment partnerships.
Finra is proposing registration requirements for some back-office supervisory positions.
Finra is adopting a more “laserlike focus” on fraud, Rick Ketchum, CEO and chairman of the securities industry's self-regulator, said this morning in Baltimore at its annual conference.
Kenneth I. Starr sentenced to more than seven years in jail for fraud; clients included Sylvester Stallone, Wesley Snipes
