Regulation

The Securities and Exchange Commission has suspended a CPA who was the former senior treasury manager and assistant treasurer at Peregrine Systems, a California enterprise management software company that was charged in 2003 with massive financial fraud.

Passing regulatory reform legislation, a grueling effort that has taken more than a year of debate, is just a warm-up for an even tougher fight over the future of Fannie Mae and Freddie Mac.

Canadian fund managers will now be limited in the range of services they can pay for with commissions from clients for brokering transactions, based on newly adopted legislation.

The Securities and Exchange Commission said on Wednesday that it will hold an open meeting on July 14 to consider whether to issue a concept release on proxy reform.

State Street Corp. has sued three of its former executives for creating a new rival in securities lending.

The Federal Deposit Insurance Corp. is not waiting for regulatory reform's enactment to develop plans for a new resolution system.

When the largest banks report second-quarter results this month, there will likely be less to brag about on the credit front, and tough questions to answer about the probable impact of financial reform.

State Street Corp. has sued three of its former executives for creating a new rival in securities lending.

Bring in Michael Bloomberg. He's going to be available in three more years. Tap him now, as the next SEC chairman.

The financial reform legislation does little to ensure accountability among regulators, who so far have appeared more interested in deflecting blame.