SUPREME COURT JUSTICES INDICATE BOND INVESTORS CAN SEEK LIMITED INFORMATION ABOUT ARGENTINA'S NON-U.S.» Read More
MEXICO CITY, Dec 18- Rules aimed at boosting oversight of Mexican derivatives trades and pushing most transactions through a central clearing house will soon be published, Mexico's banking regulator said on Wednesday.
NEW YORK, Dec 18- The 900- plus page Volcker rule regulators released last week will not impact big bank trading revenues as much as banks had feared, said industry executives and consultants who have finally plowed through the rule. "It is fairly manageable for the banks," said David Sapin, a PricewaterhouseCoopers consultant to big banks.
CALGARY/ OTTAWA, Dec 18- Enbridge Inc will learn on Thursday whether Canadian regulators will recommend approval of its proposed C $6 billion Northern Gateway oil pipeline, a project that has raised fierce opposition by environmentalists and aboriginals.
WASHINGTON, Dec 18- A judge's bid this week to stop the U.S. government from collecting Americans' phone records raises a question that the U.S. Supreme Court has confronted before: at what point should modern technology force judges to revisit legal precedents?
*Inhaled medicine developed by Vectura and Sandoz. *GSK shares fall 1.1 percent, Vectura up 13.4 percent. Sandoz, the generics division of Swiss drugmaker Novartis, and Vectura, another British company, said on Wednesday they had received approval from Danish regulators for AirFluSal Forspiro, which was previously known as VR315.
It would update a rule on the books known as "Regulation A," a measure intended to spur capital-raising by exempting certain public offerings from SEC registration requirements.
The SEC voted to propose rules to allow start-ups to raise more money through public stock deals without facing costly registration requirements.
WASHINGTON, Dec 18- The U.S. Securities and Exchange Commission voted unanimously on Wednesday to propose new rules that would allow start-up companies to raise more money through public stock deals without facing costly registration requirements.
Dec 18- Activist hedge fund Clinton Group said it was exploring financing options for a possible takeover of women's apparel retailer Wet Seal Inc.. Clinton Group had a 7.78 percent stake in Wet Seal as of Dec. 17, the company said in a regulatory filing on Wednesday. Wet Seal's shares rose as much as 6 percent to $2.77 on the Nasdaq in early trading.
The creator behind the hit TV series "The Walking Dead" is suing the cable network AMC claiming that he was cheated out of profits.
BRUSSELS, Dec 18- European Union state aid regulators launched on Wednesday an investigation into proposed British support for a 16- billion pound nuclear power plant to be built by EDF, saying they had doubts the project needed help.
Dec 18- Private equity firm Centerbridge Partners LP backed out of its deal to buy LightSquared Inc, amid uncertainty over when federal regulators would clear the way for the company to build out its wireless network, the Wall Street Journal reported.
The breach came to light last month when the FDA sent letters to users of an online system at the Center for Biologics Evaluation and Research. The letters said the breach was detected by the FDA on Oct. 15 and that it resulted in the theft of usernames, phone numbers, email addresses and passwords.
Dec 17- JPMorgan Chase& Co was sued on Tuesday by Mississippi Attorney General Jim Hood, who accused the largest U.S. bank of violating state consumer protection laws in its alleged pursuit of delinquent payments by credit card customers. The lawsuit followed an 18- month probe, according to Hood, and adds to a long list of legal problems facing JPMorgan.
ST. LOUIS, Dec 17- The U.S. Treasury Department's anti money-laundering unit is warning businesses linked to the digital currency Bitcoin that they may have to comply with federal law and regulation as money transmitters, a Treasury spokesman said.
MEXICO CITY, Dec 17- Mexico's telecommunications watchdog has opened a probe into a complaint of excess concentration of power in the telephone and television markets, industries dominated by phone company America Movil and broadcaster Televisa.
In response to the court's decision to halt operations, leading Chilean electricity generator Endesa said it was analyzing legal avenues for the suspension to be lifted. "The plant's operation has not had an environmental impact different to what was outlined in its environmental permit," Endesa said in a statement.
LONDON, Dec 17- British Prime Minister David Cameron has warned the European Commission not to propose European Union- wide legislation to regulate the nascent fracking industry, saying such a move could create uncertainty and stifle investment.
About 30 lawsuits allege that the London Metal Exchange and other defendants- including investment banks Goldman Sachs Group Inc and JPMorgan Chase& Co and merchants Glencore Xstrata and Trafigura AG- manipulated the warehousing of aluminum in order to lift the price of the metal.
Dec 17- M&T Bank Corp said it now expected its acquisition of Hudson City Bancorp Inc to close at the end of 2014 instead of Jan. 31 as it does not expect the Federal Reserve to act on its application before the latter part of the year.
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