Compliance

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.

Securities and Exchange Commission chairman Mary Schapiro said that the creation of a system for capturing all stock market data in close to real time is likely half as much as the $4 billion originally estimated.

The Securities and Exchange Commission said its investigation exposed "egregious" conduct in municipal investing.

Rep. Spencer Bachus was formally selected by the Republican Steering Committee on Tuesday to serve as chairman of the House Financial Services Committee next year.

Far from being partners, observers said Rep. Barney Frank and whoever the GOP picks to succeed him as Financial Services Committee chairman are likely to be at loggerheads.

Says it creates a more bureaucratic government, rather than a nimble, forward-looking one.

The trustee seeking to recover funds lost in the Bernard Madoff securities fraud Sunday sought $9 billion from international banking firm HSBC, in a bankruptcy court complaint.

The U.S. Department of Labor's Employee Benefits Security Administration on Monday proposed disclosures on target-date funds offered in 401(k) plans.

The Securities Industry and Financial Markets Association has upped the ante in its dispute with the Municipal Securities Rulemaking Board over the self-regulator’s proposal to nearly double the fees it collects from dealers, warning that the MSRB must do a better job of explaining the need for the increase.

The Federal Reserve Board is now leading an examination of put-back risk at the largest banks, asking institutions to include their exposure to repurchases in reports to the central bank about their capital strength.

The fees on securities transactions and on registrations of securities that fund the operations of the Securities and Exchange Commission are set to jump as much as 62 percent, once its budget for the next fiscal year are approved.