Regulation

Settlement could give more weight to New York Attorney General suit.

Because neither Congress nor the Securities and Exchange Commission require hedge funds to register or reveal key information, Connecticut General Assembly Sen. Robert Duff (D-Norwalk) vows to reintroduce as many as three bills that would require them to reveal conflicts of interest, be licensed and disclose financial information to prospective investors.

The Securities and Exchange Commission plans to meet this Wednesday to consider a statement on International Financial Reporting Standards.

Market Groups to Press Dodd Panel

Experts say global response necessary for biggest firms

Judge Jed S. Rakoff says the law requires broad latitude be given to SEC.

Even those who have used a financial planner and think favorably of them support regulation.

MIAMI -- Nearly two years after the collapse of Bear Stearns tipped off a global financial crisis, many people are still frustrated, confused, afraid, angry or resentful. Investors, regulators, legislators and Wall Street executives occasionally look for someone to lash out at, but no one is sure whom to blame or how to prevent such a disaster from happening again.

Many financial institutions are significantly underestimating the impact that new cost-basis rules will have on them, according to a study by research group TowerGroup and technology vendor Scivantage.

Senate Banking Committee Chairman Chris Dodd is hoping to introduce a revised regulatory reform bill next week. But with the fate and makeup of a bill unclear, we offer the following frequently asked questions.