Foreign Exchange Trading

SEC Probing Whether Banks Overcharged Customers For Trades

Posted 07.24.2011

The Securities and Exchange Commission (SEC) is probing whether two major banks made proper representations to pension-fund clients about how thei...

Big Institutional Investor Being Investigated By SEC

Posted 07.12.2011

State Street Corp, the world's third largest institutional investor, said it was under investigation by the Securities and Exchange Commission (SE...

State Street Sued: Jerry Brown, California AG, Sues Bank For "Unconscionable Fraud"

Posted 05.25.2011

Citing "unconscionable fraud," California Attorney General Jerry Brown announced a major lawsuit today against State Street Bank and Trust. Brown seek...

On the Sovereign Debt Crisis

Edward Harrison | Posted 05.25.2011

Edward Harrison

In a sovereign debt crisis, the central government's debt become so high that everyone knows they cannot possibly tax the population enough to cover their expenses and service it.