Schneiderman: Group Tasked With Probing Mortgage Crisis Needs 'More Resources'
When it comes to getting to the bottom of the financial crisis, it seems everyone could use a little bit more help. A government task force known a...
When it comes to getting to the bottom of the financial crisis, it seems everyone could use a little bit more help. A government task force known a...
Reuters | Posted 05.25.2012
* US CFTC to examine hedging, market-making exemptions * Rule received new scrutiny since JPMorgan trading loss * Sheila...
Sanjay Sanghoee | Posted 05.24.2012
If Congress is truly serious about banking reform, it needs more than just well-intentioned laws: it also needs the right people to enforce those laws, it needs to give those people the resources they require to do their job properly, and it needs to pay them decently.
HuffingtonPost.com | D.M. Levine | Posted 05.22.2012
Two of the most important financial regulators in the country have a message for Congress: We need more money. At a hearing before the Senate Bank...
AP | MARCY GORDON | Posted 05.22.2012
WASHINGTON (AP) — Federal regulators and lawmakers are renewing the focus on financial regulation in the wake of a multibillion-dollar trading loss ...
Sanjay Sanghoee | Posted 05.21.2012
Most bankers are not the unethical and blindly greedy creatures that politicians and the media make them out to be; and there is no doubt that without the productive activities of the banking sector, no other industry in our nation would be able to survive or thrive. But that does not mean there isn't a ghost in the machine.
Michael Martin | Posted 04.24.2012
Richard Sandor is not a household name but he should be. He is quite frankly one of the most important people in finance today given his 40 years of innovation.
Raymond J. Learsy | Posted 04.24.2012
Natural gas, as traded today on U.S. exchanges, is a uniquely isolated American commodity and any attempt at influencing its price, overt or otherwise, would fall under the purview of the nation's anti-trust laws and its stated prohibitions to all manner of collusion.
Reuters | Posted 04.23.2012
U.S. regulators' $14 million settlement with high-frequency trading firm Optiver over oil price manipulation in 2007 is a "milestone" victory in their...
Stephen Herrington | Posted 04.19.2012
Honest consumers, both businesses and individuals, it seems are perfect rubes to be ripped off by the unscrupulous members of Wall Street.
HuffingtonPost.com | D.M. Levine | Posted 04.19.2012
Mark Gorton is sitting in the Zen garden on the roof of his office in downtown Manhattan, squinting into the sunlight and telling me he's not evil. ...
Reuters | Posted 04.05.2012
April 4 (Reuters) - A U.S. regulator is set to penalize JPMorgan for actions linked to the demise of investment bank Lehman Brothers at the height o...
Reuters | Posted 04.03.2012
* CFTC accuses RBC of "trading scheme of massive proportion" * RBC calls lawsuit "absurd", says CFTC reviewed trades * C...
Raymond J. Learsy | Posted 05.25.2012
What should have been said by our president is that this government is moving heaven and earth to convert our transportation fleet from gasoline and diesel to being powered by compressed natural gas.
Sara Kenigsberg | Posted 04.11.2012
Gas prices have been climbing this year, putting the pinch on pocketbooks around the country and prompting a host of campaign promises from politician...
AP | Posted 03.14.2012
WASHINGTON -- Goldman Sachs will pay $7 million to settle federal regulators' civil charges that its futures brokerage business failed to diligently s...
Reuters | Posted 05.08.2012
By Christopher Doering WASHINGTON, March 8 (Reuters) - Some U.S. regulators are "paralyzed" by the threat of lawsuits from Wall Street...
Raymond J. Learsy | Posted 05.08.2012
This surprising aside while sermonizing us with the usual exculpatory rhetoric emanating from the White House that "...what I've said about gas prices is that there is no silver bullet ..." to high, ever higher gasoline prices.
Robert Creamer | Posted 05.06.2012
The sight of Republicans rooting against America and hoping that rising gas prices will derail the economic recovery is not pretty.
Raymond J. Learsy | Posted 05.05.2012
Chicago is to commodity trading what Wall Street is to financial markets. The world's most significant trading exchange, the Chicago Mercantile Exchange Group is headquartered there and projects its power to influence institutions, the press and government.
HuffingtonPost.com | Zach Carter | Posted 03.09.2012
WASHINGTON -- In a signal that partisan squabbling in the nation's capital may be reaching new levels of rancor, a key Republican regulator is pursuin...
The Huffington Post | Jillian Berman | Posted 02.29.2012
It looks like MF Global might just get away with it. That's because prosecutors are having trouble figuring out what exactly "it" is. Even as a Ch...
The Huffington Post | Bonnie Kavoussi | Posted 02.22.2012
Dodd-Frank isn't stopping this baby from going under once again. That's according to at least one former commissioner of the Securities and Exchan...
Barbara Roper | Posted 04.23.2012
I'm left to wonder, what is the source of SIFMA's sudden cost-consciousness? Because I don't seem to recall ever having heard the association express similar alarm over the costs to investors of the $20 billion or so Wall Street manages to scrape together for bonuses each year.
HuffingtonPost.com | D.M. Levine | Posted 02.14.2012
Are exotic financial derivatives as risky as untested prescription drugs? Two University of Chicago economists say possibly. As noted by economist Ste...
The Huffington Post | Alexander Eichler | Posted 05.25.2012