Regulation Is Boutique Asset Managers’ Biggest Growth Hurdle
Nearly half of boutique firms said regulation was the critical factor that could break their firm, up from 17% in 2013.
Silver Pricing Change Takes Effect; Other Metals to Follow
A 117-year-old pricing system has changed.
SEC Enforcement: Scheme Loots IRAs to Fund Bounty Hunter TV Show, Bridal Shop
The SEC halted a Ponzi scheme targeting IRA funds, issued a stop order against the IPO of an L.A. company and reported an arrest in Spain in the "London Whale" case.
British Bankers Group Out, Regulator In on LIBOR Supervision
In addition, more than 100 LIBOR rates bound to maturities and currencies that lack sufficient trading data to allow for proper determination will be done away with.
Banks Looking for ‘Scientific’ LIBOR Method
They are trying to limit their liability even as London-based Barclays, hit with a record fine over its role in LIBOR manipulation, named a new chairman to replace the one felled by the scandal.
Probe of Libor Scandal Set by British Parliament
An investigation into the rigging of Libor has been set by the British Parliament as the City of London worries that its reputation as the world’s top financial center has been damaged beyond repair.