Regulation

Financial crises will not be a suitable excuse for oversight in suitability according to the regulator’s decision against Merrill Lynch.

Chief financial officers of U.S. companies aren’t overly concerned about the fiscal cliff, according to a survey by Grant Thornton.

The Securities and Exchange Commission is turning over its leadership with the departure of yet another high-ranking official.

Federal Reserve Board Chairman Ben Bernanke said Wednesday that regulators are nearing completion of a contentious rule that will ban proprietary trading at U.S. firms.

More changes in Securities and Exchange Commission leadership, which announced the appointment of a new senior advisor to the director in its division of investment management.

The U.S. Commodity Futures Trading Commission defeated a federal court challenge to a rule requiring mutual funds with commodities investments to register with the agency.

The Securities and Exchange Commission is turning over its leadership with the departure of yet another high-ranking official.

JPMorgan Chase CEO said the U.S. economy would thrive next year if lawmakers reach an agreement to avoid the so-called fiscal cliff of spending cuts and tax increases.

More than 150 chief executive officers, including JPMorgan Chase & Co.’s Jamie Dimon and Goldman Sachs Group Inc.’s Lloyd Blankfein, called on President Barack Obama and House Speaker John Boehner to compromise on a budget deal that would include new tax revenue and spending cuts.

The news media is breathlessly counting down the days until the arrival of the fiscal cliff on December 31. It may make for good television (tune in tomorrow) but it’s not good economic (or good political analysis.) Here’s why: