SEC, DOL, FINRA Enforcement: SAC Capital Could Plead Guilty
Among other recent enforcement actions, DOL retrieved $1.6 million for Sunkist employees and FINRA fined and censured Scottrade.
JPMorgan CEO Meets With Attorney General Amid MBS Charges
A government official familiar with ongoing negotiations said an $11 billion national settlement is under review to resolve claims against JPMorgan.
Top 10 Wall Street Crooks: Insider Trading
Using confidential information to make a mint is nothing new. Here are 10 that carried on that fine Wall Street tradition.
DOL Provides ERISA Guidance for Same-Sex Couples
DOL announced new guidance interpreting the Supreme Court’s decision overturning the Defense of Marriage Act and its impact on ERISA.
SEC Rewards Whistleblowers Who Halted Sham Hedge Fund
The SEC announced Friday that it gave the three whistleblowers more than $25,000 combined and will pay them more as assets are collected from the sham manager.
Peter Schiff: GDP Numbers Are ‘Government Propaganda’
How do you short government data? It’s a question more money managers and industry insiders are asking as widespread distrust of the government continues.
BofA Puts Values-Based Investing in Focus
Bank of America said Tuesday that it was rolling out more products and services to help clients align their investments with their beliefs...
SEC, DOJ Sue BofA Over Mortgage-Backed Securities
The two lawsuits entail about $850 million of RMBS sales in 2008 that led to losses of some $120 million, regulators estimate.
SEC Enforcement: Oil Firm Busted for Bribing Iran Official; Goldman VP Settles Pay-to-Play Charge
Among recent actions by the SEC were charges against a French oil and gas company for bribery and against a Dallas-based trader for front-running. Also, a former Goldman Sachs vice president agreed to settle earlier pay-to-play charges.
N.Y. to Sue BofA, Wells Fargo Over Mortgage Settlement
Attorney General Schneiderman says his office has close to 340 cases of homeowners who were “put at risk” by the banks violations of settlement terms