Regulation

JPMorgan Chase & Co. chief executive Jamie Dimon said during his company's annual investor day Thursday that he has been turned off by the "capricious, arbitrary and punitive behavior" of regulators since his company accepted $25 billion in aid as part of the bailout of the financial industry in 2008.

In an effort to boost confidence in the market, the Securities and Exchange Commission decided to place restrictions on short-selling, the controversial trading practice of betting on a stock's decline.

Ask a broker why 12b-1 fees exist and you’ll get a variety of answers. The SEC's chairman said there should be greater transparency around the fees, which could be as high as 1%.

The Securities and Exchange Commission voted unanimously to issue a statement affirming support for a single set of high-quality globally accepted accounting standards and ongoing consideration of incorporating International Financial Reporting Standards into the financial reporting system for U.S. issuers.

The Baltimore fund company is considering fixed income and equity strategies and is not planning on cloning any existing funds.

"Almost Hard to Fathom," Mier Said.

WASHINGTON — A day after the release of regulatory data that showed the worst decline in lending in 67 years, lawmakers pressed Federal Reserve Board Chairman Ben Bernanke Wednesday on what he and the other agencies were doing to reverse the trend.

Legislation would create powerful new regulator

The Securities and Exchange Commission has received just over 200 comment letters since it posted its proposed roadmap for transitioning to International Financial Reporting Standards on its Web site in 2008, and it’s now receiving some extra suggestions as it prepares to publicly deliberate Wednesday on the roadmap.

WASHINGTON — The worst of the financial crisis has passed for most institutions, but new Federal Deposit Insurance Corp. data shows aftershocks are still being felt.