Law and Regulations
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Corzine really wanted to do prop trading at MF Global. But he didn't want to call it prop trading. "Client facilitation" sounded better.
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Japan is wagering its future on a massive experiment, and Kyle Bass of Hayman Capital Management doesn't see it ending well.
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The Bundesbank has launched an investigation into claims that Deutsche Bank hid billions of dollars of losses on credit derivatives during the financial crisis. The Financial Times reports.
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A U.S. appeals court revived much of a lawsuit against SAC Capital Advisors founder Steven A. Cohen on Wednesday, brought by his ex-wife.
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Businesses and wealthy owners of estates ask the IRS for changes to a 3.8 percent tax on investment income to fund Obamacare.
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Goldman Sachs is raising up to $600 million for a publicly-traded credit fund that will buy risky loans. What could go wrong?
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The FTC gets 200,000 complaints each month about robocalls and it hopes technology can take a bite out of this crime. On Tuesday, the group gave a $50,000 cash prize for possible solution submissions.
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Bank of America agreed to pay $165 million to resolve claims from the U.S. credit union regulator over purchases of mortgage-backed securities by corporate credit unions that have since failed.
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The decision approving Stockton's relief via Chapter 9 bankruptcy Monday may have residual effects on bondholders, retiree pension plans and the future of other faltering cities, NBC News reports.
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Prosecutors have a tough road in going after SAC Capital's Michael Steinberg, but the government may be holding a card that could help them overcome this hurdle.
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With only six months before the start of enrollment for Obamacare, state and federal health officials are racing to get insurance regulations and systems up and running in time.
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The U.S. government wants more say in network equipment purchases as a condition to approve the $20 billion takeover of Sprint Nextel by Japanese mobile carrier Softbank , the Wall Street Journal reported, citing people familiar with the matter.
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The Supreme Court indicated Wednesday it could strike down the federal Defense of Marriage Act, which prevents legally married gay couples from receiving a range of federal benefits that go to other married couples.
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Citigroup complied with an order with the U.S. Federal Reserve to improve its anti-money laundering controls, after several units of the bank were subject to similar orders in 2012.
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Japan and Australia plan to sanction North Korea's Foreign Trade Bank as part of U.S.-led efforts targeting Pyongyang's main foreign exchange bank for the role Washington says it has in funding the country's nuclear program.
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The Supreme Court is about to consider gay marriage, but major US corporations have, in their own way, already decided it's OK.
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European Union regulators are examining the contracts Apple strikes with cellphone carriers that sell its iPhone for possible antitrust violations. The New York Times reports.
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A recent study out of the FDIC makes it clear that no one has any idea what compliance with financial regulations, including the Dodd-Frank financial reforms, actually costs.
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Becoming a lawyer seemed to be one of those career moves that could stand up to any type of economic setback. Not anymore.
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Hedge fund advisory firm CR Intrinsic Investors has agreed to pay the SEC a record $600 million-plus to settle insider trading charges.