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U.S. SEC to consider money market fund proposal next week
ReutersBy Sarah N. Lynch WASHINGTON, May 29 (Reuters) - U.S. securities regulators will convene next week to consider a long-awaited proposal that would impose new rules on the $2.6 trillion money market fund industry, according to an announcement posted on the...Tags: Lehman Brothers Holdings Inc., Mary Jo White, U.S. Securities and Exchange Commission, Charles Schwab, Economy, Business and Finance
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Madoff investors cannot sue SEC, federal appeals court says
Investors who lost big when Bernard Madoff’s Ponzi scheme unraveled cannot sue federal regulators, despite the government’s “regrettable inaction,” a federal appeals court ruled. Madoff victims had sued, arguing that the...
Tags: U.S. Securities and Exchange Commission, Bernard Madoff
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Senate confirms former prosecutor Mary Jo White as SEC chairwoman
WASHINGTON -- The Senate on Monday confirmed Mary Jo White to chair the Securities and Exchange Commission, placing a tough former prosecutor in the role as Wall Street's top watchdog. White was confirmed by a unanimous voice vote in the Senate, an...
Tags: Prosecution, Elisse Walter, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Rajat Gupta, Jerry Moran
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Senate panel approves Obama nominees to head SEC, consumer bureau
WASHINGTON — A Senate committee on Tuesday overwhelmingly approved Mary Jo White's nomination to head the Securities and Exchange Commission, clearing the way for the former federal prosecutor to be confirmed soon as Wall Street's top watchdog....
Tags: Elisse Walter, Consumers, Republican Party, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Rajat Gupta
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New concerns raised about lawyers leaving SEC for private firms
The Securities and Exchange Commission’s revolving door is spinning as feverishly as ever. Lawyers who leave the SEC for private law firms often immediately begin lobbying on behalf of their new corporate clients, frequently trying to weaken...
Tags: Elections, Finance, Lawyers, Justice System, Mary Jo White
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Mary Jo White won't be intimidated as SEC chief, Obama says
WASHINGTON -- President Obama nominated Mary Jo White to be the new head of the Securities and Exchange Commission, saying her track record as a hard-nosed prosecutor means she won't be easily intimidated as Wall Street's new top watchdog. "You don't...
Tags: Consumers, Criminals, U.S. Consumer Financial Protection Bureau, Elections, Lawyers
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SEC taking steps to watch for money market fund outflows
ReutersWASHINGTON (Reuters) - The Securities and Exchange Commission is taking steps to help spot if money starts flowing to alternative investments as the SEC cracks down on money market funds. The SEC is due to meet next week to propose new rules for the...Tags: Personal Finance, U.S. Securities and Exchange Commission, Politics, Economy, Business and Finance, Lobbying
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Obama to nominate former prosecutor to lead SEC
WASHINGTON – President Obama will nominate Mary Jo White, a former prosecutor and one-time director of the Nasdaq stock exchange, to lead the Securities and Exchange Commission, a White House official said Thursday. Obama plans to make the...
Tags: Prosecution, Elisse Walter, Republican Party, U.S. Consumer Financial Protection Bureau, Lawyers
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SEC wins partial victory in case against money-market fund
The Securities and Exchange Commission has won a partial victory in a prominent case arising from the global financial crisis. A federal jury found Monday that Reserve Management Co., the investment firm running the Reserve Primary Fund money-market...Tags: Justice System, Investments, U.S. Securities and Exchange Commission, Economy, Business and Finance, Crime, Law and Justice
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SEC loses case against money-market founder
UPDATE: In full ruling, SEC wins partial victory: The federal government has lost another high-profile case resulting from the global financial crisis. A federal jury Monday cleared the managers of the Reserve Fund money-market fund of civil fraud...
Tags: Justice System, U.S. Securities and Exchange Commission, Economy, Business and Finance, Crime, Law and Justice, Finance
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SEC awards nearly $50,000 to whistle blower
You can receive big bucks and feel good about yourself to by reporting financial fraud. This whistle blower program awards 30 percent of the amount recouped once the Securities and Exchange Commission undertakes an enforcement action against the bad...Tags: U.S. Securities and Exchange Commission
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JPMorgan $2 Billion Loss Hits Shares, Credit, Image
ReutersNEW YORK/LONDON (Reuters) - JPMorgan Chase & Co lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for...Tags: Tampa, JPMorgan Chase & Co., Securities, Barney Frank, Insurance
May 29, 2013
|Story| Reuters
Apr 10, 2013
|Story| Los Angeles Times
Apr 8, 2013
|Story| Los Angeles Times
Mar 19, 2013
|Story| Los Angeles Times
Feb 11, 2013
|Story| Los Angeles Times
Jan 24, 2013
|Story| Los Angeles Times
May 30, 2013
|Story| Reuters
Jan 24, 2013
|Story| Los Angeles Times
Nov 12, 2012
|Story| Los Angeles Times
Nov 12, 2012
|Story| Los Angeles Times
Aug 21, 2012
|Story| Baltimore Sun
May 12, 2012
|Story| Chicago Tribune
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