Outright theft of your assets has now become a family affair. The SEC recently announced two cases where investors lost millions of dollars to family scammers.
Investors who are victims of crime or financial fraud might have an easier time dong background search in trying to avoid Ponzi schemes before making investments than guessing which bank, Future Commission Merchant, or broker goes bankrupt.
The $22 million agreement with Goldman Sachs which the SEC announced yesterday -- another one in which the guilty party "neither confirms nor denies wrongdoing" -- looks like the worst deal yet.
Is the SEC looking into traditional malfeasance -- the usual seamy kickbacks or bribes -- or the more esoteric: faster portals into exchange servers for certain select customers? This range of "advantages" may be built into the very concept of HFT. Will the SEC put HFT itself on trial?
This pending law is a game-changer for the biggest risk-takers in American Capitalism: the entrepreneurs who are creating jobs by starting and growing companies and the investors who provide them with the financial resources to do so. I'm one of the winners of this bill -- but that doesn't mean I'm not attuned to the losers.
The Borsa's solution, especially if it is embraced by other trading destinations, may spawn a new generation of intelligent "sensing" algos.
I find it intriguing that well-educated, successful people would engage in this conduct. It raises these questions: If hedge fund managers have the secret mojo that permits them to obtain outsized returns without taking commensurate risks, why do they have to resort to illegal conduct?
Could the crisis have been averted if our financial regulators were more plugged into the communities that were hit first and hardest?
We've compiled a slideshow of the top 10 oil exporting countries and listed the cost that corruption and financial opacity has on each country's economy.
Obama's State of the Union promise to open more offshore oil and gas fields and support natural gas development lacks one ingredient if the public is to receive the full economic benefits.
In a little noticed vote, the Commodity Futures Trading Commission reversed course last week on a rule that had the potential to save cities and school districts across the country billions in excess costs on the swaps they purchase to hedge their interest rate and other risks.
Today marks the unfortunate two-year anniversary of the Supreme Court's Citizens United ruling that opened the floodgates for undisclosed spending in ...
To have brought Goldman to the judgment of its citizen peers in a court of law would have been calmingly therapeutic for the nation as a whole. What transpired, however, seemed like a rigged extravaganza.
For those who want the Securities and Exchange Commission to fulfill its mission of protecting investors, the New Year brings more bleak reality.
The people who argue there is too much regulation are right, because so much of it is ill-conceived and counterproductive. The people that argue there is too little regulation are also right, because most government action, both good and bad, ignores the 99%.
Why has the SEC apparently pursued such minimal settlements? The answers are surprising in that they reflect a wide discrepancy of views.