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
SEC Enforcement Roundup: Ralph Lauren Corp. Admits to Bribing Argentine Officials
Recent actions include a nonprosecution agreement with Ralph Lauren Corp. in a bribery case and the halting of an immigration scheme.
Top 12 Tax Scams: IRS’ Dirty Dozen for 2013
The IRS is onto these fraudsters, from sophisticated computer scammers to opportunists posting fliers on church bulletin boards.
Obama Nominates Perez for Labor Secretary
President Barack Obama on Monday nominated Tom Perez, head of the Justice Department’s Civil Rights Division, as the next Labor secretary.
Top 10 Tax Cheats: the Big, the Bad & the Weird
From the infamous Al Capone to our top choice (you won’t believe what job he held before his conviction), these 10 learned the lesson the hard way—and some learned it repeatedly.