iOS app Android app

Mary Jo White

SEC Chair Mary Jo White's Upcoming Test

Micah Hauptman | Posted 10.18.2014 | Business
Micah Hauptman

The indications we've been given -- although no one is willing to state definitively what the final rule is likely to include -- suggest that we shouldn't get our hopes up that our chief concerns will be comprehensively or even meaningfully addressed. We hope we are reading those indications wrong.

SEC Chair To Crack Down On High-Speed Trading, Dark Pools

Reuters | Sarah N. Lynch | Posted 06.05.2014 | Business

WASHINGTON (Reuters) - The top U.S. securities regulator said on Thursday she is developing rules targeting high-speed traders, less transparent tradi...

SEC Goes Rogue, Defies Congress

Janet Tavakoli | Posted 06.01.2014 | Business
Janet Tavakoli

The idea behind the JOBS Act is to jump-start growth, not to give fraudsters an easy way to fleece unwary victims. Reasonable finance professionals find the SEC's proposed rule amendments so ludicrous that the SEC seems to beg for a thorough housecleaning.

Senator Calls For Probe Into Marketing Company

Reuters | Posted 03.25.2014 | Politics

By Svea Herbst-Bayliss BOSTON, Jan 23 (Reuters) - Massachusetts Senator Edward Markey is asking for information about ...

It's Time to Shine a Light on Dark Money

Philip Radford | Posted 02.16.2014 | Green
Philip Radford

Make no mistake: Here in D.C., the secret political contributions from the 1 percent of the 1 percent of the 1 percent are doing as much damage to our environment as anything else.

JP Morgan Chase, the Foreign Corrupt Practice Act, and the Corruption of America

Robert Reich | Posted 02.07.2014 | Politics
Robert Reich

The Foreign Corrupt Practices Act is important, and JP Morgan should be nailed for bribing Chinese officials. But, if you'll pardon me for asking, why isn't there a Domestic Corrupt Practices Act?

Paul Blumenthal

Corporate 'Dark Money' To Get Free Pass As SEC Drops Disclosure Proposal

HuffingtonPost.com | Paul Blumenthal | Posted 12.02.2013 | Politics

WASHINGTON -- The Securities and Exchange Commission unceremoniously dropped a proposal to require corporations to disclose contributions to political...

4 Reasons the SEC's New Ratio Test Will Not Decrease CEO Pay

Avi Sinensky | Posted 12.21.2013 | Business
Avi Sinensky

This proposal -- like some of the other rules implemented under Dodd-Frank -- will do little to accomplish the desired effect of narrowing the gap between employee compensation and executive compensation. If anything, it may have the opposite effect.

Shutdowns and the Real World

Mike Lux | Posted 01.23.2014 | Politics
Mike Lux

The shutdown is the story of the moment. But there are also other real things going on in the real world that have huge consequences for, yes, real people -- and the media shouldn't ignore those other stories.

'Money Has to Serve, Not to Rule'

Rev. Seamus P. Finn, OMI | Posted 09.08.2013 | Religion
Rev. Seamus P. Finn, OMI

The pope points out that in ideologies that are grounded in the drive for power and for possessions a rejection of both God and others and an attitude that considers ethics as a nuisance.

Mark Gongloff

SEC Backtracks Slightly On Controversial Policy

HuffingtonPost.com | Mark Gongloff | Posted 06.19.2013 | Business

If you get busted doing bad things to investors, you had better watch out: The nation's top securities watchdog might, on very rare occasions, actuall...

In a Tight Spot, SEC Chair White Puts Agency's Credibility on the Line

Barbara Roper | Posted 07.29.2013 | Business
Barbara Roper

Unfortunately for Chair White, her predecessors' mishandling of the JOBS Act rulemaking to lift the ban on general solicitation in private offerings has left her with an uncomfortable choice between speeding implementation of that rule and ignoring her commitment to follow the economic analysis guidelines.

IRS Scandal a Carbuncle -- on a Cancer-Wracked Body

Leo W. Gerard | Posted 07.20.2013 | Politics
Leo W. Gerard

Permitting Tea Party, left-wing, libertarian, middle-of-the-road -- whatever -- groups to define themselves as untaxed social welfare organizations that may accept unlimited, untaxed, secret corporate gifts and sponsor political ads is a sarcoma on democracy.

Paul Blumenthal

'No One Is Working' On Corporate Disclosure Rule

HuffingtonPost.com | Paul Blumenthal | Posted 05.16.2013 | Politics

WASHINGTON -- The Securities and Exchange Commission is not currently writing a rule to require public corporations to disclose their political contri...

SEC Considering Review Of Stock Market

Reuters | Posted 05.13.2013 | Business

NEW YORK (Reuters) - The head of the Securities and Exchange Commission, Mary Jo White, is on board with calls for a broad review of the framework of ...

Obama in Plunderland: Down the Corporate Rabbit Hole

Norman Solomon | Posted 07.09.2013 | Politics
Norman Solomon

The president's new choices for Commerce secretary and FCC chair underscore how far down the rabbit hole his populist conceits have tumbled. Yet the Obama rhetoric about standing up for working people against "special interests" is as profuse as ever.

SEC Taps Wall Street Lawyer to Police Wall Street

Project On Government Oversight | Posted 06.24.2013 | Politics
Project On Government Oversight

The appointment comes as no surprise because the agency typically draws regulators from the ranks of the regulated. But it does illustrate a significant problem: by relying so heavily on people with industry connections, the SEC can tangle itself in conflicts of interest.

Will Congress Bully SEC into Ignoring JOBS Act Concerns?

Barbara Roper | Posted 06.22.2013 | Politics
Barbara Roper

There is a scandal here, but it is not the one House Republicans have seized on.

Paul Blumenthal

Half A Million Calling On SEC For More Disclosure

HuffingtonPost.com | Paul Blumenthal | Posted 04.16.2013 | Politics

WASHINGTON -- The number of public comments submitted to the Securities and Exchange Commission (SEC) on a rulemaking petition to require corporations...

Ben Hallman

New Wall Street Regulator To Sit Out Key Enforcement Decisions

HuffingtonPost.com | Ben Hallman | Posted 04.08.2013 | Business

Wall Street has a new top watchdog, but it isn't clear whether she will be in the room as her agency makes key decisions about whether to pursue some ...

CONFIRMED

Reuters | Posted 06.08.2013 | Business

By Sarah N. Lynch WASHINGTON, April 8 (Reuters) - The U.S. Senate on Monday confirmed former federal prosecutor Mary J...

Senate Panel Approves Top Regulators

AP | Posted 05.19.2013 | Business

WASHINGTON — A Senate panel has approved Mary Jo White's nomination to lead the Securities and Exchange Commission and sent it along for a final...

Prospective SEC Chairman Dismisses Revolving Door Concerns

Project On Government Oversight | Posted 05.13.2013 | Politics
Project On Government Oversight

Mary Jo White -- President Obama's nominee to serve as chairman of the Securities and Exchange Commission (SEC) -- said at her confirmation hearing today that the investing public need not worry about her history of defending companies from the government.

Ben Hallman

Presumed SEC Chair Promises 'Unrelenting' Wall Street Enforcement

HuffingtonPost.com | Ben Hallman | Posted 05.12.2013 | Business

In an effort to tamp down concerns that her experience as a top corporate defense lawyer would color her decision-making, Mary Jo White said Tuesday t...

Senate Banking Committee To Question Potential Regulators

AP | MARCY GORDON | Posted 03.12.2013 | Business

WASHINGTON -- Mary Jo White, President Barack Obama's pick to be chairman of the Securities and Exchange Commission, will likely face tough questions ...