With Bitcoin, there is an interesting corollary with China and its currency peg. Why not peg Bitcoin to the dollar, at let's say $100 BTC to the dollar?
In the post-Dodd-Frank world, transparency should not be thwarted, access to immediately free market data should not be reduced, and retail investors should not have less protections.
WASHINGTON -- A House Committee approved six new bills to deregulate Wall Street derivatives on Wednesday, advancing legislation that would expand tax...
The federal regulator overseeing trading in derivatives -- an opaque realm worth hundreds of trillions of dollars at the center of the global financia...
A private regulatory body will consider on Wednesday whether it should ban former New Jersey Gov. Jon Corzine from putting other's people money at ris...
Energy, be it oil, natural gas or coal, involves core commodities to the functioning of our economic viability, and here the Department of Energy under Chu's tutelage has approached disaster.
Who says the government is going easy on Wall Street? Goldman Sachs just got slapped with such a huge fine that the firm might have to miss an entire ...
Intrade goes to great lengths to transparently define the contracts in their markets for hosts of potential pitfalls: candidate deaths, calling outcomes, etc. The investors in this market are fully aware of what they are trading and the risks associate with that.
* Deutsche Bank regulatory chief faces questions at Berlin hearing * Deutsche Bank has made provisions for Libor probe - board member...
By Douwe Miedema LONDON, Nov 14 (Reuters) - Two Republican senators said on Wednesday they would block the confirmation of the head of...
Nov 10 (Reuters) - Goldman Sachs Group Inc is in settlement talks with the U.S. government over an $8.3 billion position that one of the investment ...
* Prosecutors met with former CEO Jon Corzine-sources * Criminal case still appears unlikely * Move paves way for civil ...
Today, Federal Reserve Chairman Ben Bernanke will be testifying before a House Financial Services Committee. Would it not be timely if he were asked about the role the Fed plays in facilitating the bank holding companies to hold sway in the oil market?
You may not do any banking in London. You may not have ever been to London. But Gary Gensler is pretty sure the London interbank offering rate affects...
* "Corzine rule" requires top execs to approve withdrawals * Brokers must notify regulators before large withdrawals * M...
When commodities brokerage firm MF Global collapsed last October, losing $1.6 billion in customer funds in the process, Christopher Dickerson was sure...
When will bankers learn to stop sending each other dumb emails? The Barclays settlement on Wednesday of accusations it manipulated a key interest...
U.S. regulators are reportedly probing whether high-frequency trading firms have been conducting transactions with themselves in a potentially illegal...
As stock market officials sound the alarm about rattled investor confidence in the wake of the botched Facebook initial public offering last month, so...
Regulators are trying to catch up with the "cheetahs." That's the nickname bestowed upon high-frequency traders by Bart Chilton, a commissioner at the...
When $1.6 billion of customer money goes missing, you'd think it would be easier to punish someone for it. Not so at MF Global, the brokerage firm ...
Just recently, Washington announced the creation of a "dream team" of financial regulators, called the Systemic Risk Council. Great idea, but here's a question: Why was the current chairwoman of the SEC, Mary Schapiro, not included?
A proposal to slash funding for a major financial regulator is being met with strong criticism. Representative Barney Frank, a Massachusetts Democr...
In the ongoing struggle to shield ordinary Americans from the risks and excesses of big banks, Congress can be counted on to stand with... the big ban...
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...
