Regulation

New York watchdog Andrew Cuomo has nabbed another firm for allegedly bartering investment deals with the state pension funds without a required securities license.

Seeking to rebut concerns the Federal Deposit Insurance Corp. would use its new resolution powers over large firms to play favorites with creditors, the agency released a proposal Tuesday designed to severely limit who could receive extra relief in a failure.

Three months after the regulatory reform bill ordered the OTS' elimination over the next year, efforts to bring the agency into the OCC fold have been plagued with bitterness, communication problems, unease on job placement and rampant conflicts.

I hadn't been at the lunch table more than 20 minutes. And my tablemate - the chief regulatory officer for a stock exchange based in Kansas - might as well have just said, "put a fork in it."

Municipal market participants should not expect the Treasury Department to simply rubber-stamp the existing tax-exempt bond rules for issue price when it comes to Build America Bonds, a Treasury official told bond lawyers at a recent meeting.

The Securities and Exchange Commission issued a proposal Wednesday to require new disclosures for asset-backed securities.

Carlo Chiaese, a Westfield, N.J. investment advisor, was arrested Tuesday for allegedly defrauding a New York City pension fund.

Court ruling dismissing the securities fraud suit is only one victory in a sea of litigation.

Nearly three months after the Dodd-Frank law created the Financial Stability Oversight Council, its first official meeting Friday was not exactly auspicious.

The Securities and Exchange Commission released its report on May 6’s so-called Flash Crash, but did little else to clarify whether there was any malfeasance involved or whether the report would eventually lead to changes in the way trading is regulated.