Regulators have been critical of money market funds, saying the retail investor is not made fully aware of the risks involved. However, Nancy Prior, Fidelity Money Market Funds president, tells CNBC why investors are aware.
CNBC's Rick Santelli and Brian Sullivan discuss whether a shift from the Fed minutes arose in the markets and check on how to play bonds.
CNBC's Steve Liesman discusses the details of the Fed's projection for their net income to decline beginning this year from $83 billion to $80 billion.
It was August, 1964. President Lyndon Johnson was about to sign into law the most important Wall Street reforms since the Great Depression.
In the latest government tactic to prosecute crimes related to the financial crisis, the housing task force will attempt to crack down on financial firms suspected of improperly bundling home loans into securities for investors, the New York Times reports.
China is poised to unveil measures to bolster the country’s nascent short-selling industry in an effort to deepen its capital markets, according to securities officials and fund managers. The Financial Times reports.
CNBC's Scott Wapner reports why hedge fund manager, Phil Falcone's Harbinger Capital's assets have fallen from $26B in 2008 to less than $5B.
CNBC's Eamon Javers shares the details on Comcast Corporation CEO Brian L. Roberts agreement to pay a $500,000 civil penalty to settle charges he violated pre-merger reporting and waiting recquirements when he acquired Comcast voting securities. The SEC said the violation was inadvertent and technical.
Earlier this week, the Fitch report raised concerns over the Residential Mortgage-Backed Securities market. CNBC's Herb Greenberg has the story on RMBS.
How much do you know about modern-day Ponzi schemes? Take our quiz and find out.
The SEC is launching a new program Friday to encourage whistleblowers to report corporate fraud, including a website with instructions on how potential whistleblowers can make millions from their tips.
The American International Group is planning to sue Bank of America over hundreds of mortgage-backed securities, adding to the surge of investors seeking compensation for the troubled mortgages that led to the financial crisis, the New York Times reports.
A former billionaire Wall Street hedge fund manager has been convicted of 14 federal charges alleging he made a fortune off insider trades.
The SEC is considering big changes in rules governing private stocks, particularly whether it should lift the limit on the number of shares companies are allowed to issue without making their financials public, reports CNBC's Herb Greenberg.
Barclays is among a group of investors weighing a rival bid for a portfolio of mortgage-backed securities that has already drawn a $15.7 billion offer from AIG, people familiar with the matter said.
The Treasury's move to start unloading its portfolio of mortgage debt likely will add more pressure to a housing market hardly in a position for additional stress.
The Treasury Department says it has sold trust preferred securities the government held in Ally Financial for $2.7 billion, the latest step in its efforts to recoup the costs of the $700 billion financial bailout.
In the last few weeks, a number of big banks have successfully bundled and sold new securities backed by commercial real estate loans. The NYT Reports.
Authorities are investigating a number of cyber attacks against companies seen as opponents of controversial website WikiLeaks. Despite the fiasco, which companies are most likely benefit from the attacks? Mark Mahaney, Internet research managing director at Citigroup shared his best plays.
U.S. Bank, the largest subsidiary of U.S. Bancorp, will acquire the U.S. and European securitization trust administration businesses of Bank of America, the company announced Monday.