Compliance

The provisions of Dodd-Frank put the SEC in a better position to handle its workload, the groups say.

The Financial Services Authority has fined a former executive from Toronto Dominion Bank $1.2 million for intentionally mispricing trading positions in credit derivatives to cover his losses and banned him from working in the financial services industry.

The House approved an $858 billion extension of the Bush-era tax rates and unemployment benefits late Thursday night, a day after the Senate approved the bill, sending the bill to President Obama’s desk.

The Financial Services Authority has fined a former executive from Toronto Dominion Bank $1.2 million for intentionally mispricing trading positions in credit derivatives to cover his losses and banned him from working in the financial services industry.

The House approved an $858 billion extension of the Bush-era tax rates and unemployment benefits late Thursday night, a day after the Senate approved the bill, sending the bill to President Obama’s desk.

Treasury Secretary Tim Geithner supported calls for a national servicing standard on Thursday, adding his voice to other regulators who have promoted the idea.

Outgoing House Financial Services Committee Chairman Barney Frank sharply criticized incoming chairman Rep. Spencer Bachus on Wednesday, ridiculing the Alabama Republican for reportedly saying "Washington and the regulators are there to serve the banks."

The Financial Industry Regulatory Authority has censured Citigroup Global Markets after finding the financial services firm failed to report transactions promptly to its Trade Reporting and Compliance Engine.

The Financial Industry Regulatory Authority has censured Citigroup Global Markets after finding the financial services firm failed to report transactions promptly to its Trade Reporting and Compliance Engine.

On the same day it proposed new capital requirements for all institutions, the FDIC's board of directors approved a 2011 agency budget of $3.96B, a 0.7% drop from the previous year.

The Bush tax cut and unemployment benefit extension legislation passed a key procedural hurdle in the Senate on Monday, overcoming the 60-vote threshold needed to come up for a vote later in the week.

If Mitchell Glassman visited your town sometime in the past 35 years, it probably wasn't for a good reason. The FDIC veteran has been involved in nearly 1,000 takeovers.

U.S. proxy advisory firms are now caught in the middle of a heated debate over how-and even whether-they should be regulated.

Former President Bill Clinton stood alongside President Barack Obama at a news conference and endorsed Obama’s deal with congressional Republicans to extend the Bush-era tax cuts and unemployment benefits.

WASHINGTON — The Justice Department on Thursday filed a six-count indictment against three former UBS bankers — Peter Ghavami, Gary Heinz and Michael Welty — for participating in fraud schemes and conspiracies in connection with the bidding on contracts for municipal bonds from 2001 until 2006.

The Investment Company Institute and the Independent Directors Council have filed a friends-of-the-court brief in support of the lawsuit the Business Roundtable and the U.S. Chamber of Commerce have filed to vacate the new SEC proxy access rules as they apply to registered investment companies.

To avoid a repeat of 2008 when food and energy prices in Europe reached record highs, the European Commission is considering regulating the commodities markets.

The new slate of House Republicans picked to preside over financial services said they intend to downsize or dismantle the mandates supported by their predecessors.

The online discussion about whether, in our fiduciary debate, we should have one standard or two, has stirred up a hornet's nest.

The federal regulator indicates it plans to allow the Public Company Accounting Oversight Board to take on new powers for inspecting the audits of broker-dealers.