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Chairman Mary L. Schapiro said Wednesday the SEC should consider making reviews of automated systems used in the exchange of stocks and other investments mandatory. The mandate would be an outgrowth of Automation Review Policies issued a quarter century ago, after the Black Monday crash on Wall Street in 1987.

The City of Burlington, Vt. has agreed to a roughly half million-dollar settlement with Morgan Stanley, the former investment consultant for its Employees’ Retirement System, after claims surfaced of substantial financial damages as a result of its “alleged misconduct.”

The more than $113 billion New York City Pension Funds have been granted right of passage by the Securities and Exchange Commission to present a foreclosure request on big bank shareholder ballots.

Speaking at the annual ICBA convention, Ben Bernanke assured community bankers the Fed will attempt to protect them as it finalizes its rule capping debit interchange fees.

Dodd-Frank laid out a plan for applying separate supervision for the largest, most complex financial companies. Congress ought to do the same for the simplest and the smallest.

The popularity of big brands on Facebook, Twitter and YouTube may predict stock prices ten and thirty days later, according to a study at Pace University in New York City.

Long-term funds took in $4.68 billion in the week ended March 16, the Investment Company Institute said Wednesday.

Women and men bought less life insurance in 2010 than they did in 2004, but the decline of women’s ownership is smaller than the decline of men's, according to a life insurance study released by LIMRA on Wednesday.

The Securities and Exchange Commission is seeking industry comment on a proposal to require broker-dealers to follow the same rules as transfer agents when it comes to finding so-called “lost shareholders.”

The short-selling fine comes after Southwest was nabbed for improperly soliciting municipal bond business.