Federal Regulators

Credit Rating Agency Accused Of Misrepresenting Itself

AP | MARCY GORDON | Posted 04.24.2012

Read More: Fitch Ratings, Video, Moody's Investors Service, Sean Egan, Standard & Poor's, Sec, Federal Regulators, Corporate, Securities and Exchange Commission, Egan-Jones Ratings Co., Business News

WASHINGTON — Federal regulators are accusing a prominent corporate and government credit rating agency and its president of making false stateme...

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Execs At Former Mortgage Giant Charged With Fraud

AP | MARCY GORDON | Posted 03.14.2012

Read More: Housing Market, Kpmg, CEO Larry Goldstone, Thornburg Mortgage Inc., Federal Regulators, JPMorgan Chase & Co., Mortgage Company, Goldman Sachs, Chief Financial Officer Clarence Simmons, Video, Financial Crisis, Restitution, Securities and Exchange Commission, Liquidity Crisis, Citigroup, Chief Accounting Officer Jane Starrett, Business News

WASHINGTON -- Federal regulators have charged three executives of what was once the nation's second-largest mortgage company with civil accounting fra...

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Latvian Trader Allegedly Made Hundreds Of Thousands By Hacking Accounts

AP | Posted 01.27.2012

Read More: Fraud, Unauthorized Trades, Igors Nagaicevs, Video, Latvia, Profits, Stocks, Sec, Federal Regulators, Securities and Exchange Commission, Hacking, Fines, Business News

WASHINGTON -- Federal regulators have filed civil charges against a trader in Latvia whom they accuse of hacking into U.S. customers' online brokerage...

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The Power to Break Up the Big Banks

Micah Hauptman | Posted 03.26.2012

Read More: Financial Crisis, Federal Reserve, Bank of America, Timothy Geithner, Ben Bernanke, Federal Regulators, Financial Reform, Jon Huntsman, Newt Gingrich, Business News
Micah Hauptman

If regulators do their jobs properly, the resulting institutions should be simpler, smaller, and safer. Those firms would be less likely to fail -- and less dangerous in the event that they do.

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Regulators Probing Gear Shift Trouble With GM Cars

AP | TOM KRISHER | Posted 01.14.2012

Read More: Automakers, Gear Shift, General Motors, Saturn Cars, Gm, Regulation, Regulators, Federal Regulators, Federal Highway Safety Agency, Federal Highway Administration, American Auto Industry, Detroit News

DETROIT — Federal safety regulators are investigating problems with the automatic shift levers on several General Motors cars because drivers ma...

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SEC Looks To Make Trading Halts More Frequent

AP | By MARCY GORDON | Posted 11.28.2011

Read More: The Nasdaq Stock Market Inc, Video, Dow Jones Industrial Average, SEC Chairman Mary Schapiro, Federal Regulators, Sec, Securities and Exchange Commission, "Flash Crash", New York Stock Exchange, High Frequency Trading, Business News

WASHINGTON -- Federal regulators are considering changing the rules for when a dramatic shift in the stock market's value triggers exchanges to cut of...

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Consumers Be Damned: Senator Shelby, Captain Queeg and the Politics of No

Adam Levin | Posted 11.15.2011

Read More: Richard Cordray, Elizabeth Warren, Predatory Lending, Consumer Financial Protection Bureau, Consumer Financial Protection Agency, The Caine Mutiny, Cfpb, Filibuster, Federal Regulators, Richard Shelby, Consumer Protection, Cordray Hearing, Politics News
Adam Levin

Last week's hearing on the nomination of Richard Cordray to lead the Consumer Financial Protection Bureau featured prepared speeches that were utterly without sound and fury but still managed to do a huge disservice to American consumers.

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Ask U.S. Nuclear Regulatory Standards Expert Anything

The Huffington Post | Posted 08.21.2011

Read More: Jeff Dunn, Associated Press, Nuclear Regulator Standards, Live Q&A, Federal Regulators, Live Chat, Fukushima, Nuclear Power, Nuclear Regulatory Standards, Green News

AP reporter Jeff Donn and the AP investigative unit examined the state of nuclear regulatory standards in the United States, finding that, "Federal re...

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Fewer Homeowners Put On Notice For Being Behind On Payments

Posted 08.16.2011

Read More: Foreclosures, Mortgages, Bank-Owned Properties, Housing Market, State Attorneys General, Homes, U.S. Homeowners, Mortgage Crisis, Banks, Federal Regulators, Realtytrac, Business News

LOS ANGELES (AP) — The number of U.S. homeowners who were put on notice for being behind on their mortgage payments fell in May to the lowest level ...

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JPMorgan Chase Settles Claims It Used High-Pressure Tactics On Customers

Posted 08.15.2011

Read More: Treasury Department, JPMorgan Chase, High Pressure Tactics, Federal Regulators, Civil Claims, Office of the Comptroller, Business News

(AP) WASHINGTON — JPMorgan Chase Bank has agreed to pay $2 million to settle federal regulators' civil claims that it used high-pressure tactics and...

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Fed Wants Broad Group Of Banks To Provide Annual Finance Details

Posted 08.10.2011

Read More: Congress, Stockholders, Federal Reserve Chairman Ben Bernanke, Central Bank, Hedge Funds, Federal Reserve, Financial Crisis, Federal Regulators, Financial Regulation, Capital, Business News

WASHINGTON (AP) — The Federal Reserve wants a broader group of banks to provide details each year about their finances, part of an effort to ensure ...

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Fannie, Freddie Completing Fewer Mortgage Modifications

Posted 08.07.2011

Read More: 2008 Financial Crisis, Loan Modifications, Freddie Mac, Great Recession, Mortgage Repayment, Borrowers, Fannie Mae, Obama, Federal Regulators, Foreclosure, Delinquent, Housing Crisis, Taxpayer, Video, Business News

WASHINGTON - The number of loan modifications and mortgage repayment plans completed by Fannie Mae and Freddie Mac declined in the first quarter o...

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SEC Advances Tighter Rules For Moody's, Other Debt Rating Agencies

AP | MARCY GORDON | Posted 07.18.2011

Read More: Fitch Ratings, Moodys, Sec Officials, New Rules, Standard and Poors, Federal Regulators, Sec, Securities and Exchange Commission, Aaa, Business News

WASHINGTON — Federal regulators advanced tighter rules Wednesday for agencies that rate the debt of companies and governments, part of a broad e...

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Goldman Sachs Says Regulators Might Bring Fraud Charges

AP | Posted 07.10.2011

Read More: Mortgage Crisis, Financial Crisis, Goldman Sachs, Federal Regulators, Subprime Crisis, Commodity Futures Trading Commission, Wall Street Fraud, Cftc, Business News

WASHINGTON -- Goldman Sachs & Co. says one of its units is being investigated by federal regulators over whether it improperly used investment account...

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Fed Chairman: Dodd-Frank Makes System 'Stronger And More Resilient'

AP | By JEANNINE AVERSA | Posted 07.05.2011

Read More: Financial Regulators, Financial Crisis, Federal Reserve, Federal Regulators, Ben Bernanke, Economic Growth, Job Creation, General Accounting Office, Business News

WASHINGTON -- Regulators must better understand threats to the financial system to be able to prevent another crisis, Federal Reserve Chairman Ben Ber...

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Regulators Save Money Riding Discount Buses Instead Of Amtrak

The New York Times | BEN PROTESS | Posted 07.04.2011

Read More: Amtrak Megabus, Federal Regulators, Sec, Regulators Bus, Regulators Megabus, Securities and Exchange Commission, Commodity Futures Trading Commission, Budget Cuts, Cftc, Dodd Frank, Business News

Government regulators on the Wall Street beat have long been outnumbered and outspent by the companies they are supposed to police. But even after rec...

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Some U.S. Companies Will Receive Pass On New Rules, Geithner Says

AP | By DANIEL WAGNER | Posted 06.29.2011

Read More: Currency Swaps, Timothy Geithner, Federal Regulators, Stocks, Treasury Secretary, Tim Geithner, Financial Regulation, Dodd Frank, Business News

WASHINGTON -- Treasury Secretary Timothy Geithner has decided to let companies continue to trade certain contracts used to guard against swings in cur...

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Rift Widens Between Federal, State Officials On Foreclosure Reform

The Huffington Post | Maxwell Strachan | Posted 06.12.2011

Read More: Foreclosure Reform, State Attorneys General, Federal Officials, Comptroller of the Currency, Federal Reserve, Consumer Advisory Council, Federal Regulators, Second-Lien Mortgages, Wall Street Journal, State Officials, Shaun Donovan, Business News

The rift continues to widen between state and federal officials over foreclosure reform. Since the 50 state attorneys general first issued their pr...

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Regulators Shut Banks In Calif., Georgia And South Dakota

AP | MARCY GORDON | Posted 05.25.2011

Read More: Fdic, Federal Regulators, South Dakota, Banks, California, Georgia, Bank Regulator, Business News

WASHINGTON — Regulators on Friday shut two banks in California and two smaller banks in Georgia and South Dakota, boosting to 57 the number of f...

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FAA Moves To Fine Southwest Airlines

AP | DAVID KOENIG | Posted 05.25.2011

Read More: Southwest Airlines, Faa, FA Fine, Southwest Airlines Fine, Federal Aviation Administration, Federal Regulators, Boeing 737, Southwest, Business News

Federal regulators will seek a penalty of at least $3 million against Southwest Airlines Co. for failing to inspect older planes for cracks. The airl...

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