Law and Regulations
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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.
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Mary Jo White will likely face questions about her work for big Wall Street clients when senators on Tuesday consider her nomination to head the U.S. Securities and Exchange Commission, while one lawmaker wants to talk football.
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A report that will be voted on in the EU parliament March 12 could lay the groundwork for laws banning pornography across all media — including the Internet — and could potentially restrict free speech advocates claim.
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The European Union fined Microsoft Corp 561 million euros ($731 million) for failing to offer users a choice of Web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes.
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Marc Cuban's effort to get an insider-trading case against him tossed was denied by a judge.
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The USDA is likely to approve a horse slaughtering plant in New Mexico in the next two months, which would allow equine meat suitable for human consumption to be produced in the United States for the first time since 2007. The NY Times reports.
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Citi bought a bunch of loans from Credit Suisse. Now it has bought insurance on those loans from Blackstone, helping the bank avoid new capital rules.
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Teri James got the boot from San Diego Christian College because she was pregnant – and she was also unmarried, a violation of school rules, according to the lawsuit she filed in San Diego County superior court.
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Borrowers whose homes were foreclosed on during the U.S. housing crisis will start receiving payments in April from a $3.6 billion fund under a previously announced settlement with 13 banks, regulators said on Thursday.
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More than 200 companies have signed on to a supporting brief calling for the Supreme Court to overturn part of the Defense of Marriage Act. The NYT reports.
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Investment demand for gold in Vietnam could be a quarter less in 2013 than last year as the government tightens its grip on the bullion market to stabilize the country's currency.
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The Subway Restaurants founder says regulations are hurting small companies and entrepreneurs. "If I started Subway today, Subway would not exist," Deluca told CNBC Wednesday.
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The Supreme Court limits the SEC by voting the five-year clock to act on fraud starts when the fraud takes place rather than when it is discovered.
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A long-awaited trial over the biggest U.S. offshore oil spill began on Monday, with governments, businesses and individuals blaming BP Plc mostly for the 2010 disaster that killed 11 rig workers and spilled 4 million barrels of oil into the Gulf of Mexico.
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People who lost money by investing in funds that funneled their money to Bernard Madoff's Ponzi scheme are not entitled to recover for their losses in the manner that direct victims of the massive fraud can recover, a federal appeals court ruled on Friday.
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Criticized for letting Wall Street off the hook, the Justice Department is building a new model for prosecuting big banks.
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Investors in SAC Capital redeemed $1.68 billion Thursday, according to people familiar with the matter, a nod to a raft of legal issues that have embattled the hedge fund in recent months.
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New mortgage rules from the Consumer Financial Protection Bureau will make borrowing tougher for the self-employed and home buyers seeking larger loans.
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The new head of Italian defense group Finmeccanica has inherited a corruption crisis over a $750 million helicopter deal with India that risks hurting the company's business.
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Anheuser-Bush InBev changed terms of its proposed $20.1 billion acquisition of Mexican brewer Grupo Modelo in an attempt to get the deal past regulators.