President Obama will ask – again – for more money for the Securities and Exchange Commission and Commodity Futures Trading Commission, two key watchdogs for the financial system. As part of the budget to be released Tuesday, the president will ask Congress to boost regulatory oversight by increasing SEC funding by 11 percent and CFTC […]
By John McCrank (Reuters) - A U.S. Securities and Exchange Commission committee said on Tuesday that limiting the types of stock orders available to retail investors and moving away from halting trading in individual stocks could help prevent a repeat of the market chaos seen last August. Show More Summary
The war of words between upstart trading venue IEX and the New York Stock Exchange just went up a notch. IEX ? a trading venue made famous by Michael Lewis' "Flash Boys" ? filed with the Securities and Exchange Commission in September...Show More Summary
An economist at the Securities and Exchange Commission calculated that investors could save $25 billion dollars a year or more than $200 dollars per household, simply by switching from actively managed to passive or index funds
(Photo by Spencer Platt/Getty Images) J.P. Morgan Chase & Co.'s Form 10-Q Quarterly Report -- which was filed on August 3, 2015 with the United States Securities and Exchange Commission -- provides a partial explanation as to why the firm is planning to spend a half billion dollars on cybersecurity. That [...]
Democratic U.S. Senator Elizabeth Warren released on Friday a report criticizing what she called “shockingly weak” punishments for corporate crimes and condemned the Justice Department and Securities and Exchange Commission for their lax approach. Warren, in a 13-page report titled...
Since 2006 -- when the Securities and Exchange Commission began requiring companies to disclose more detail about executive compensation -- the perks of top managers have been under attack. And under pressure from investors and the fear of embarrassing optics for companies, many have quietly vanished. Show More Summary
Critics say the Securities and Exchange Commission’s oversight of disclosure of the risks of the effects of climate change has waned, costing shareholders millions.
Top Senate Democrats are stepping up pressure on the Securities and Exchange Commission to get the ball rolling on new rules to require corporations to disclose their political contributions.
On January 19 a coalition activist groups delivered a petition with more than 6,400 signatures to the Securities and Exchange Commission demanding that the agency enforce its disclosure rules by taking action against the DevelopmentShow More Summary
A rare appellate hearing at the Securities and Exchange Commission offered a window into the agency's controversial in-house court system.
The US Securities and Exchange Commission said an unnamed company insider who prepared a detailed analysis of his company’s wrongdoing was awarded more than $700,000 for his actions.
Three cheers for the United States Securities and Exchange Commission. FOR IMMEDIATE RELEASE 2016-9 Washington D.C., Jan. 14, 2016 —The Securities and Exchange Commission today announced that Goldman, Sachs & Co. has agreed to pay $15 million to settle charges that its securities lending practices violated federal regulations. According to the SEC’s order instituting a […]
The US Securities and Exchange Commission said that Goldman Sachs has agreed to pay a $15 million fine to settle charges that its lending practices violated federal securities regulations.
(Reuters) - Goldman Sachs & Co will pay $15 million to settle civil charges that its securities lending practices violated federal regulations, the U.S. Securities and Exchange Commission said on Thursday. Goldman made improper representations to customers who requested that the firm locate certain stocks for short selling, the SEC said. Show More Summary
Goldman Sachs thinks the Securities and Exchange Commission should conduct a review of public exchanges. In a letter to the SEC supporting the exchange application filed by IEX, managing director Paul Russo expressed concerns over the...Show More Summary
It's no secret that the Securities and Exchange Commission in recent years has steered growing numbers of cases to its own administrative law judges rather than federal courts. A new study shows that the SEC practice wasn't just directed at private firms and individuals but public companies as well.
Federal securities regulators have their eyes on the booming market for exchange-traded funds as well as that ever-present elephant in the room -- bond fund liquidity -- in 2016. The Securities and Exchange Commission's Office of Compliance...Show More Summary
Gretchen Morgenson had a good piece in the NYT this morning on a new report from the Securities and Exchange Commission (SEC) showing that the credit rating agencies still suffer from the same sort of conflict of interest problems that helped stoke the housing bubble. Show More Summary
The Securities and Exchange Commission’s annual report of credit ratings agencies finds that dubious practices persist long after the subprime meltdown.