Compliance

“Financial institutions and Wall Street’s favorability rating is below Congress, which is a feat unto itself right now,” a speaker at SIFMA’s annual conference said Monday.

The Securities and Exchange Commission Wednesday unanimously voted to ban 'naked access' to stock markets by unregistered entities.

The Republicans rule the House now and all signs show that they can’t wait to make their mark on financial regulatory reform—if they can.

It sounds like the name of an honored Transatlantic ship, but this time the QE2 stands for the Federal Reserve Board’s second attempt at an economic stimulus with the name Quantitative Easing. Will this new round help keep the economy afloat and chugging toward an expansion?

According to BlackRock, if broker-dealers end up losing money on those fees, they will eventually compensate by serving clients on advisory programs called wrap accounts.

The Securities and Exchange Commission is seeking public comment on its proposed "whistleblower'' program, which is to provide financial reward to individuals who provide tips that lead to successful enforcement actions.

Rep. Ed Royce clearly sees himself as a stronger leader at a critical time for his party and the financial services industry.

WASHINGTON — Two different interpretations of this week's historic midterm elections emerged on Wednesday, with both sides competing to say how the vote would impact the financial services world.

Two different interpretations of this week's historic midterm elections emerged, with both sides competing to say how the vote would impact the financial services world.

The Securities and Exchange Commission Wednesday unanimously voted to ban ‘naked access’ to stock markets by unregistered entities.

The Securities and Exchange Commission Wednesday unanimously voted to ban ‘naked access’ to stock markets by unregistered entities.

Spencer Bachus, who just months ago was seen as unlikely to assume the top spot on the House Financial Services Committee now that Republicans have won control of the House, is now the odds-on favorite.

The joint committee is conducting a review of the market events of May 6, 2010 and making recommendations related to market structure issues that may have contributed to the volatility, as well as disparate trading conventions and rules across various markets.

The Department of Labor’s new requirements for plan administrators goes far beyond disclosing mutual fund expense ratios to disclosing fees paid to all service providers.

Republicans have grand ambitions for what they plan to accomplish if they, as expected, win control of the House in Tuesday's election, but their victory is more likely to lead to ...

The looming battle over Congress is bringing investors’ macro-economic concerns to a head.

The Securities and Exchange Commission and the Connecticut banking commission have sued a Connecticut hedge fund manager with fraud.

If the Securities and Exchange Commission had systematically documented numerous complaints about Bernard Madoff made over 10 years by financial analyst Harry Markopolos, who argued that Madoff's returns were mathematically impossible; known that two of SEC offices were independently investigating Madoff, unbeknownst to one another; and heeded the advice of one of its own examiners five years before the $18 billion scandal came to light-it might have seen the bigger picture and stopped Madoff in his tracks.

Build America Bond issuers could potentially go years without subsidy payments under the examination process the Internal Revenue Service is currently considering for them, bond attorneys meeting here warned last week.

Issuers that want to avoid disclosure mishaps — and possible federal enforcement action — should develop and closely follow policies as well as procedures that lay out who must review and sign off on their disclosure documents, Securities and Exchange Commission officials are stressing.