Securities

NEW YORK (Reuters) - The Federal Reserve bought $12.2 billion of agency mortgage-backed securities from May 23 through May 29, less than the $15.3 billion it purchased last week, the New York Federal Reserve Bank said on Thursday. In a move to help the...

Citigroup Inc. has reached a settlement in a suit involving $3.5 billion of mortgage-backed securities, a court filing said Tuesday. The deal with the Federal Housing Finance Agency, which accused the bank of misleading Fannie Mae and Freddie Mac into...

NEW YORK, May 28 (Reuters) - Citigroup Inc has reached a settlement of lawsuit by a federal agency accusing the bank of misleading Fannie Mae and Freddie Mac into buying $3.5 billion of mortgage-backed securities, a court filing said Tuesday. The...

NEW YORK — Nasdaq OMX Group will pay $10 million for botching Facebook's initial public stock offering last year, a debacle that shook investors' confidence in Wall Street. Nasdaq's penalty would be the biggest ever paid by an exchange, said the...

A former senior partner at accounting firm KPMG's Los Angeles office has agreed to plead guilty to a securities fraud charge of passing inside information about the firm's clients to a friend, who used it to make more than $1 million in stock trades....

By Karen Freifeld NEW YORK, May 28 (Reuters) - New York's highest court will hear arguments on Tuesday on whether to dismiss a lawsuit accusing Hank Greenberg of orchestrating sham transactions when he was head of insurance company American International...

June 5 (Reuters) - U.S. securities regulators on Wednesday released a proposal for changes to the $2.6 trillion money market fund industry, after more than a year of debate over how to tackle the risk of runs by investors during times of crisis. The...

A Redlands broker allegedly stole $4.2 million from two client accounts, including one set up for an Alzheimer’s patient, and gave the money to two friends who spent lavishly on a vacation home and casino gambling, according to a complaint by the...

Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund. The T. Rowe Price Ultra Short-Term Bond...

(The identity of the reporter has been withheld for security reasons) * Village raided soon after dawn * Activists say hundreds killed * Government forces in midst of counteroffensive BAIDA, Syria, May 28 (Reuters) - Awakened by the sound of gunfire,...