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  • SEC tried to shutter Lehman...in the 1960s! Tuesday, 2 Dec 2014 | 9:25 AM ET
    The headquarters of the U.S. Securities and Exchange Commission in Washington.

    Former SEC commissioner Roberta Karmel says she tried to shut down Lehman in the 1960s.

  • WASHINGTON, Nov 25- HSBC Holdings Plc will pay $12.5 million to resolve charges that its Swiss private banking unit illegally offered services to U.S. clients without being properly registered, the U.S. Securities and Exchange Commission said on Tuesday. The SEC said HSBC's Swiss unit amassed 368 U.S. accounts, and its employees traveled to the United States at...

  • WASHINGTON, Nov 25- HSBC Holdings Plc will pay $12.5 million to resolve charges that its Swiss private banking unit illegally offered services to U.S. clients without being properly registered, the U.S. Securities and Exchange Commission said on Tuesday. The SEC said HSBC's Swiss unit amassed 368 U.S. client accounts, and its employees traveled to the United...

  • RIO DE JANEIRO, Nov 24- Brazil's state-run oil firm Petroleo Brasileiro SA said on Monday it had received a subpoena from the U.S. Securities and Exchange Commission asking for documents relating to an investigation it is pursuing. Petrobras did not provide details as to what documents the SEC had requested. The SEC investigation adds one more strand to a...

  • Issuers face a Dec. 1 deadline to report disclosure violations to the Securities and Exchange Commission in the regulator's latest stab at strengthening regulation of the $3.7 trillion municipal market. In the last two years, the SEC has charged cities, school districts and even a state with failing to disclose required information. Next year the SEC plans on "...

  • Stock trading at the SEC  Friday, 21 Nov 2014 | 1:52 PM ET

    Should an SEC director be legally allowed to trade stocks? Insight, with Reuters reporter Sarah Lynch.

  • WASHINGTON, Nov 21- Keith Higgins, who runs the office that reviews public companies' books at the U.S. Securities and Exchange Commission, reported stock holdings worth between about $2 million and $6 million last year and the sale of stocks throughout 2014, according to SEC disclosures viewed by Reuters. Since the beginning of the year, he has reported about 60...

  • WASHINGTON, Nov 20- Brokerage firm Wedbush Securities will pay a $2.44 million penalty and admit to wrongdoing to settle civil charges over shoddy risk controls that let thousands of overseas traders gain access to U.S. markets, federal regulators said. Wedbush's settlement with the U.S. Securities and Exchange Commission on Thursday was widely anticipated...

  • SEC's Mary Jo White: We can always do better  Thursday, 20 Nov 2014 | 4:11 PM ET
    Securities and Exchange Commission Chairwoman Mary Jo White.

    SEC chair Mary Jo White discusses the lapse of oversight of banks in the U.S. and expresses the handling of market structure issues as a priority.

  • Gallagher's comments come as the SEC is mulling whether or not it should make changes to the definition of "accredited investor. Since the rule was written in the 1980 s, the SEC has tinkered with the definition only once. But the law also requires the SEC to revisit the definition to consider potential changes every four years- a process that is now underway.

  • The SEC announced the increase in its Nov. 17 annual report, which tracks the success of the whistleblower program and how much it pays out each year in awards. It authorized awards for nine whistleblowers, including a record payout of more than $30 million to a whistleblower overseas who had helped alert the SEC to what it described as an ongoing fraud.

  • DoJ weighs civil suit against Mozilo Tuesday, 18 Nov 2014 | 11:55 AM ET
    Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, testifies during a House Oversight and Government Reform hearing, March 7, 2008 in Washington.

    The Justice Department is considering a civil suit against Countrywide Financial's Angelo Mozilo, reports the New York Times.

  • Look who's investing in Alibaba now Friday, 14 Nov 2014 | 6:32 PM ET
    A trader at the NYSE during the Alibaba Group IPO opening.

    Some of America's biggest and most influential hedge funds are investing heavily in Chinese tech giant Alibaba.

  • The decision by the U.S. Court of Appeals for the District of Columbia Circuit is likely to end a long battle about public access to documents related to SEC oversight of the Financial Industry Regulatory Authority's arbitration system. The SEC oversees and examines FINRA. At issue was whether an exemption to the Freedom of Information Act should allow the SEC...

  • The SEC oversees and examines FINRA, which is a private organization. At issue was whether an exemption to the Freedom of Information Act should allow the SEC to keep certain records about arbitration under seal. In 2010, the SEC claimed such an exemption in turning down a request by the Public Investors Arbitration Bar Association a group of lawyers whose...

  • NEW YORK, Nov 12- Six weeks after winning an order worth nearly $300 million against Texas businessman Sam Wyly and the estate of his deceased brother, Charles, the U.S. Securities and Exchange Commission returned to court on Wednesday looking for more. "The Wylys weren't just insiders," SEC lawyer Bridget Fitzpatrick said. "There's no attempt from... the SEC to...

  • Very short trading: Rise of the 20-minute option Tuesday, 11 Nov 2014 | 10:49 AM ET
    Trader on the floor of the New York Stock Exchange.

    Options contracts with an expiration of 20 minutes? They're real, and they're popular on one prominent trading platform.

  • Nov 10- State Street Corp said on Monday it was responding to subpoenas from the U.S. Department of Justice and the Securities and Exchange Commission for information regarding its solicitation of asset servicing business of public retirement plans. Separately, the SEC said it would increase its enforcement actions in the municipal market, encouraged by its...

  • NEW YORK, Nov 10- Regulators are undertaking a comprehensive data-driven review of the rules underpinning the U.S. equity markets, including the pricing and rebate system used by exchanges, the head of the Securities and Exchange Commission said on Monday. The SEC is looking at its National Market System rule set, as well as the role of exchanges acting as...

  • WH net neutrality push: Key points  Monday, 10 Nov 2014 | 10:14 AM ET

    CNBC's Eamon Javers runs through the key points of a statement released by the White House on net neutrality.