The SEC finalized new rules that will give more transparency to asset-backed securities and was ready to vote on reforms for credit rating agencies.» Read More
Here’s my nomination for the worst recommendation by the Senate panel on the financial crisis: the proposal for the Securities and Exchange Commission to rate credit ratings agencies based on their “accuracy.”
And no, it's not Goldman Sachs. But he thinks these stocks are a buy.
"The outlandish scenario of a US debt downgrade is no longer the stuff of finance fiction," says the head researcher at at SocGen.
Consumer watchdog Elizabeth Warren takes questions from the audience at The U.S. Chamber of Commerce 5th Annual Capital Markets Summit on Ensuring Competitiveness in a Post-Regulatory Reform Environment.