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Securities and Exchange Commission

Barney Frank Reconsiders Derivatives Rules: "There May Be A Problem Here"

boston.com | Michael Kranish | Posted 11.04.2009 | Business

Read More: Derivatives Measure, Senator Maria Cantwell, Derivatives Rules, Americans for Financial Reform, Commodities Futures Trading Commission, Derivatives Reform, Barney Frank, Derivatives Trading, Gary Gensler, Securities and Exchange Commission, Heather Booth, House Financial Services Committee, Barney Frank Legislation, Business News

WASHINGTON -- House Financial Services Committee chairman Barney Frank, under fire from some fellow Democrats and consumer groups for carving out what...

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Sarbanes-Oxley Act: Amendment To Exempt Small Firms Passes House Committee

Rolfe Winkler | Posted 11.04.2009 | Business

Read More: John Adler, Sarbanes-Oxley Act, Enron, Regulation, Worldcom, Securities and Exchange Commission, Consumer Protection, House Financial Services Committee, Business News

An amendment that would permanently exempt small public companies from complying with a key provision of the Sarbanes-Oxley Act advanced in Congress t...

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JPMorgan Settlement: Bank To Pay SEC Over $700M Over Charges Of Illegal Payments

AP | MARCY GORDON | Posted 11.05.2009 | Business

Read More: Charles LeCroy, JPMorgan Settlement, JPMorgan Chase, Municipal Bonds, Sec, Jefferson County Alabama, Douglas MacFaddin, Securities and Exchange Commission, Business News

WASHINGTON — JPMorgan Chase & Co. has agreed to pay $75 million in fines and forfeit $647 million in fees to settle federal regulators' charges ...

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Shahien Nasiripour

House Panel Votes To Permanently Exempt Small Firms From Part Of Post-Enron Law

HuffingtonPost.com | Shahien Nasiripour | Posted 11.04.2009 | Business

Read More: Worldcom, Scott Garrett, Arthur Levitt, Barney Frank, Enron, Obama Administration, Investors, John Adler, Rahm Emanuel, Mary Schapiro, Sarbanes-Oxley Act, Financial Crisis, Sec, Securities and Exchange Commission, Business News

A House panel voted Wednesday to permanently exempt more than half of all publicly traded companies from a seven-year-old post-Enron measure designed ...

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Shahien Nasiripour

Obama Administration Helps House Democrat Gut Post-Enron Reforms

HuffingtonPost.com | Shahien Nasiripour | Posted 11.03.2009 | Business

Read More: Scott Garrett, Arthur Levitt, Barney Frank, Obama Administration, Carolyn Maloney, John Adler, Paul Kanjorski, Consumer Federation of America, Rahm Emanuel, Mary Schapiro, Sarbanes-Oxley Act, Financial Crisis, Investor-Protections, Securities and Exchange Commission, Business News

With the White House's blessing, a House panel voted Tuesday to water down a key post-Enron measure designed to protect investors. In a voice vote, m...

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Madoff Auditor: I Wasn't Aware Of Bernie's Fraud

AP | LARRY NEUMEISTER | Posted 11.04.2009 | Business

Read More: David Friehling Fraud, Ponzi Scheme, David Friehling, Securities and Exchange Commission, Bernie Madoff, Madoff Auditor, Business News

NEW YORK — Bernard Madoff's longtime auditor pleaded guilty to securities fraud charges Tuesday, saying he failed to do his job to verify the disgra...

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Shahien Nasiripour

White House Quietly Working To Weaken Investor Protection

HuffingtonPost.com | Shahien Nasiripour | Posted 11.02.2009 | Business

Read More: John Adler, Investor Protection, Worldcom, Financial Reform, Enron, Sarbanes-Oxley Act, Financial Crisis, Consumers, Securities and Exchange Commission, Financial Regulation, Carolyn Maloney, Investors, Business News

The White House is quietly working to undercut a key post-Enron reform, significantly weakening protection for everyday investors and threatening the ...

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SEC Reportedly In Settlement Talks With BofA And UBS

Reuters | Posted 11.01.2009 | Business

Read More: Bank of America, Ubs, Securities and Exchange Commission, SEC Settlement Talks, CDR Financial Products Inc, Municipal Investment Contracts, U.S. Justice Department, Business News

NEW YORK (Reuters) - The Securities and Exchange Commission is in settlement talks with several large financial institutions to resolve investigations...

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Credit Rating Agencies: New Regulations Approved By House Committee

AP | ANNE FLAHERTY | Posted 10.29.2009 | Business

Read More: Standard, Ratings Agencies, Financial Crisis, Securities and Exchange Commission, House Financial Services Committee, Moody's, Business News

WASHINGTON — A House committee voted Wednesday to set new rules for investment rating agencies, which lawmakers say misled investors by giving h...

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The Smartest Guy in the Room

Dan Collins | Posted 10.27.2009 | New York

Read More: Andrew Cuomo, Wall Street, Merrill Lynch Bonuses, Ken Lewis, Merrill Lynch Bank of America, Bank of America, Bernard Madoff, US Attorneys, Securities and Exchange Commission, Judge Jed Rakoff, New York News
Dan Collins

Shock waves from Judge Jed Rakoff's scathing denunciation of a proposed settlement between the SEC and the Bank of America are still rippling through Wall Street and Washington.

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Insider Trading for the Rest of Us

Eric Schurenberg | Posted 10.27.2009 | Business

Read More: Insider Trading, Raj Rajaratnam, Etf, Warren Buffett, Securities and Exchange Commission, Larry Swedroe, Nathan Hale, Peter Lynch, Jim Cramer, Allan Roth, Index Funds, Business News
Eric Schurenberg

Want to profit from the Galleon insider trading case? Then take the hint: It's a waste of time trying to beat the pros at the stock picking game. They outgun you, and they don't always play fair.

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Shahien Nasiripour

House Democrats John Adler, Carolyn Maloney Move To Weaken Investor Protection Bill

HuffingtonPost.com | Shahien Nasiripour | Posted 10.27.2009 | Business

Read More: John Adler, Worldcom, Financial Reform, Enron, Sarbanes-Oxley Act, Financial Crisis, Consumers, Securities and Exchange Commission, Financial Regulation, Investors, Carolyn Maloney, Business News

Two House Democrats are planning to introduce amendments Tuesday to exempt small- and medium-sized companies from a key post-Enron reform. Consumer ad...

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New SEC Website Offers Advice To Investors

DailyFinance | Michelle Leder | Posted 10.23.2009 | Business

Read More: Finra, Websites, Securities and Exchange Commission, Investors, Mary Schapiro, Business News

Instead of trying to be all things to all the people the SEC serves -- they include investors, advisors, fund managers, lawyers and others -- investor...

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More Insider Trading Scandals Brewing

Dan Dorfman | Posted 10.24.2009 | Business

Read More: Sec, Anheuser-Busch, Ross Perot, Securities and Exchange Commission, Perot Systems, Wall Street, Dell, Business News
Dan Dorfman

The SEC wants to know who traded in Perot in the two months prior to the public disclosure of its acquisition. I've also obtained copies of SEC documents showing it has commenced a number of investigations.

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Jason Linkins

Patrick Byrne, Under SEC Investigation, Featured As Panelist On Fox Business Network

HuffingtonPost.com | Jason Linkins | Posted 10.23.2009 | Media

Read More: Video, Disclosure, Media Criticism, Fox Business Channel, Securities and Exchange Commission, Patrick Byrne, Media News

Byrne was touted as an expert on SEC regulations, as well he should be, considering the fact that he and his company are in the middle of an SEC investigation. Not that this was disclosed!

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Semion Mogilevich: Powerful Mobster Was Added To FBI's Most Wanted List

CNN | Jeanne Meserve | Posted 10.22.2009 | World

Read More: Russia, Ten Most Wanted Fugitives, Russian Mobster, Crime, Organized Crime, Tax Fraud, Arms Trafficking, Mobster, Investors, Prostitution, Semion Mogilevich, Stock, The Brainy Don, Moscow, Securities and Exchange Commission, Fbi, Ybm, World News

NEWTOWN, Pennsylvania (CNN) -- Semion Mogilevich may be the most powerful man you've never heard of. Mogilevich's alleged brutality, financial savvy ...

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Wall Street Is More of a Threat to Obama's Domestic Agenda than Afghanistan

Joseph A. Palermo | Posted 10.20.2009 | World

Read More: Matt Taibbi, Bill Clinton, Pecora Commission, Treasury Department, Sec, Joseph P. Kennedy, President Barack Obama, Cdos, Collateralized Debt Obligations, Larry Summers, Federal Reserve, Credit Default Swaps, Newt Gingrich, Fdr, Merrill Lynch, Goldman Sachs, Wall Street, Vietnam, Tim Geithner, Vice President Dick Cheney, Afghanistan, Timothy Geithner, Bear Stearns, Lyndon Johnson, Alan Greenspan, Securities and Exchange Commission, Too Big to Fail, President George W. Bush, Blue Dog Democrats, World News
Joseph A. Palermo

Whatever Obama decides to do in Afghanistan is of little consequence compared to Wall Street's ongoing "plutonomy."

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Bank Of America Had Early White House Support On Merrill Lynch Deal

washingtonpost.com | Zachary A. Goldfarb | Posted 10.20.2009 | Business

Read More: White House, Documents, Financial Crisis @Y:Business, Economic Advisers, President Obama, Kevin Warsh, Bank of America, House Oversight and Government Reform Committee, Merrill Lynch Deal, Kenneth D. Lewis, Federal Reserve Chairman Ben Bernanke, Wall Street, Lawrence H. Summers, New York's Attorney General, Treasury Secretary Timothy F. Geithner, Joe Price, National Economic Council, Securities and Exchange Commission, Andrew Williams, Business News

Top economic advisers to President Obama signed off on a deal to protect Bank of America from losses incurred by its purchase of failed Wall Street fi...

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Matt Taibbi: Counterfeit Stocks Behind Bear Stearns And Lehman Downfall

rollingstone.com | Matt Taibbi | Posted 10.19.2009 | Business

Read More: Matt Taibbi, Goldman Sachs, Wall Street Crisis, Ben Bernanke, Timothy Geithner, Securities and Exchange Commission, Morgan Stanley, Lehman Brothers, Business News

Although the SEC issued more than 50 subpoenas to Wall Street firms, it has yet to identify the mysterious trader who somehow seemed to know in advanc...

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Raj Rajaratnam Charged With Insider Trading

AP | LARRY NEUMEISTER and CANDICE CHOI | Posted 10.16.2009 | Business

Read More: Google, Insider Trading, Raj Rajaratnam, Galleon, Hedge Funds Insider Trading, Polycom, Hilton Hotels, Hedge Funds, Galleon Group, Sec, Galleon Chief, Securities and Exchange Commission, Rajaratnam, Intel, Business News

NEW YORK — One of America's wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider tr...

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Adam Storch: SEC Hires 29-Year-Old Ex-Goldman Sachs Exec For Key Role

Posted 10.20.2009 | Business

Read More: Goldman Sachs, Sec, Securities and Exchange Commission, Adam Storch, Mary Schapiro, Business News

UPDATE 10/21: There have been a few financial insiders who've raised an eyebrow over Storch's hire. Zero Hedge pointed to a big flaw in Storch's backg...

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Financial Reform: House Lawmakers Weighs Limits On Hedge Funds, Insurers

AP | Posted 10.06.2009 | Business

Read More: Sec, Securities and Exchange Commission, Hedge Funds, Barney Frank, House Financial Services Committee, Financial Reform, Business News

WASHINGTON — House lawmakers crafting legislation to overhaul the system of financial regulation are focusing on the key elements of investor pr...

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SEC Watchdog Pushes For Sweeping Changes After Madoff Failure

AP | MARCY GORDON | Posted 09.30.2009 | Business

Read More: Madoff SEC, Bernard Madoff, Sec, Securities and Exchange Commission, David Kotz, Business News

WASHINGTON — The watchdog of the Securities and Exchange Commission has recommended a new system for handling the thousands of tips and complain...

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Bank Of America Trial With SEC Coming

AP | MARCY GORDON | Posted 09.22.2009 | Business

Read More: Merrill Lynch, Bank of America, Sec, Edolphus Towns, Ken Lewis, Bofa-Merrill-Lynch-Bonuses, Bofa, Securities and Exchange Commission, Business News

WASHINGTON — Bank of America Corp. now faces a trial with the Securities and Exchange Commission over billions in bonuses paid at Merrill Lynch,...

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Judge Jed Rakoff Takes On Bank Of America, SEC In Merrill Ruling

New York Times | ZACHERY KOUWE | Posted 09.15.2009 | New York

Read More: Merrill Lynch Bonuses, Sec, Judge Rakoff, Securities and Exchange Commission, Judge Jed Rakoff, Merrill Bonuses, New York News

As President Obama traveled to Wall Street on Monday and chided bankers for their recklessness, across town a federal judge issued a far sharper rebuk...

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