President Obama's meeting on Monday with several of the nation's top financial regulators was designed, a spokesman said, to convey the urgency he feels about getting "regulations under Wall Street reform implemented promptly." Continue to article |
Insider trading is deeply woven into the fabric of Wall Street. Recent revelations about the illegalities of information flows at expert networks and hedge funds like SAC Capital signal, I hope, a long overdue decline in amoral activities that Wall Street insiders have exploited for decades to score outsized riches while the average investor is often left holding the bag. Continue to article |
| Sponsored by:  Pace University and the Association of International Bank Auditors (AIBA) announce a NEW and EXPANDED CCRP® program starting September 5, 2013. This six-month program with 20 three-hour sessions adds two new modules on securities law and consumer protection law. For more information, contact Professor John James, Pace University Graduate Center, One Martine Avenue, Room 520, White Plains, NY 10606,jjames@pace.edu, 203-536-9955 Please Click Here for More Information |
Hired in late December 2012, the former head of the now defunct Financial Services Authority, was brought on board by chief executive Antony Jenkins to draw a line under a string of regulatory scandals, including Libor-related fines and provisions for PPI. Continue to article |
Mary Jo White is the Securities and Exchange Commission's third boss in nine months. And it is even harder to keep up with the rest of the turnover near the top of the nation's securities-law enforcer. Continue to article |
 Both now face extradition to New York, the statement said.Authorities in Thailand have arrested a Canadian man accused of masterminding a $140 million plan to defraud investors in U.S. penny stocks, as well as another man who allegedly ran the scheme, federal prosecutors in New York said on Tuesday. |
The Online Lenders Alliance wants the group that manages a U.S. payment system to clarify warnings on illegal use of the network by payday-loan firms, saying the message is posing a threat to legitimate business. Continue to article |
A federal judge has approved a settlement in which Citigroup Inc agreed to pay bondholders $730 million to resolve claims that the bank concealed its exposure to billions of dollars of toxic mortgage assets prior to the financial crisis. Continue to article |
 New rules and regulations of the day. |
 U.S. Attorney General Eric Holder is preparing to announce new cases related to the economic meltdown in the coming months as the Justice Department nears decisions on a number of probes involving large financial firms, the Wall Street Journal reported. |
 Stocks dipped on Wednesday as investor caution prevailed before the Federal Reserve publishes the minutes of its July policy-setting meeting later on Wednesday. |
 JPMorgan Chase & Co (JPM.N) is close to naming two new directors with finance and risk management expertise to its board, a source close to the matter said, as the largest U.S. bank faces a new wave of regulatory scrutiny. |
 Goldman Sachs experienced a trading glitch Tuesday that resulted in a large number of erroneous single stock and ETF options trades. |
| CompliancEx provides our viewers with in depth industry articles, seminar and conference information, advertisers relevant to Compliance and a chance to write editorials for our blog.
 |
No comments:
Post a Comment