May 16- Charles Schwab Corp has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry and plaintiffs' attorneys.
WASHINGTON-- Interior Secretary Sally Jewell told a Senate panel Wednesday that "Indian education is embarrassing" as she laid out her priorities on issues affecting Native Americans and Alaska Natives. Jewell made her first appearance as Interior secretary before the Senate Indian Affairs Committee, chaired by Sen.
WASHINGTON, May 15- Senate supporters of a broad U.S. immigration bill struggled on Wednesday to satisfy technology companies that want greater leeway to hire high-skilled foreign workers.
In impassioned speeches during a public roundtable Tuesday at the U.S. Securities and Exchange Commission, Minnesota Democrat Al Franken and Mississippi Republican Roger Wicker accused the big three rating agencies of issuing shoddy ratings, and blamed the problems on the "issuer-pay" model in which the firms are paid by the companies they rate.
May 3- U.S. state securities regulators on Friday urged the SEC to prohibit Wall Street brokerages from requiring customers to settle legal disputes through arbitration, which prevents customers from going to court, joining a chorus of groups opposing such clauses.
WASHINGTON, April 30- A group of 37 federal lawmakers urged U.S. securities regulators to prohibit Wall Street brokers from forcing customers to sign away their legal right to sue. The 2010 Dodd-Frank Wall Street reform law gives the SEC the authority to scale back or prohibit the use of arbitration agreements, but the agency has not exercised that power.
"By providing investors with the ability to choose the forum in which to bring their legal claims and protect their legal rights, we enhance investor protection and add more teeth to our federal securities laws," said U.S. Securities and Exchange Commission member Luis Aguilar in prepared remarks before the North America Securities Administrators Association's annual conference in Washington, D.C..
WASHINGTON, March 21- Legislation allowing U.S. states to collect sales taxes on goods sold over the Internet made its way to the Senate floor on Thursday- a sign that a decades-long struggle by states to tax businesses beyond their borders could end this year.
The SEC's report was required by a provision known as the "Franken" amendment in the 2010 Dodd-Frank Wall Street reform law.
The SEC's report was required by a provision known as the "Franken" amendment in the 2010 Dodd-Frank Wall Street reform law.
WASHINGTON, Nov 30- Sixteen U.S. senators have appealed to President Barack Obama to divert more water to the Mississippi River to prevent barge traffic from shutting down due to low water on the country's inland waterway, a crucial route for goods bound for export.