Wyden, Gregg ­Address Munis

WASHINGTON — The regulatory reform debate has now come full circle.

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.

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.