Topic: SEC

The SEC has reached a settlement with two former Bear Stearns hedge fund managers that will avert a second trial over accusations that they had misled investors as the mortgage market was crumbling.  The New York Times reports.

More than a dozen traders and brokers in London and Asia have been fired, suspended or put on leave by their employers as a multinational probe into alleged manipulation of crucial global lending rates accelerates, the Financial Times reports.

Even as the Securities and Exchange Commission has stepped up its investigations of Wall Street, the agency has repeatedly allowed big firms to avoid punishments, The New York Times reports.

A $95 million payment to Societe Generale shortly before Allen Stanford's firm collapsed is about to take center stage at the Texas financier's criminal trial, CNBC has learned.

The Federal Bureau of Investigation’s “10 Most Wanted List” has included some of the world’s most notorious criminals, including Osama Bin Laden, Ted Bundy, Warren Jeffs, totaling 494 since the list’s creation in 1950. With the success of the FBI’s “Most Wanted” list, the bureau in 1996 began putting wanted criminals on its website and notes that more than 50 fugitives have been arrested as a result of their images and information appearing on the site. Here are the top 12.

The May 2010 "flash crash" was bad for almost everyone involved in the stock market, but for the Securities and Exchange Commission, it was a disaster.

Less than two weeks before his trial in one of the biggest alleged investment frauds in U.S. history, attorneys for financier Allen Stanford say they want out of the case.

The top U.S. audit watchdog said U.S. and Chinese regulators must come to an agreement by late 2012 on joint auditor inspections, as a delegation from China began talks with officials in Washington.

A former regional enforcement official with the Securities and Exchange Commission who was accused of ethical violations in the investigations of accused Ponzi schemer Allen Stanford is close to a settlement with authorities, CNBC has confirmed, according to a source close to the case.

U.S. securities regulators will no longer let companies settle civil cases without admitting or denying the charges if they have already admitted to wrongdoing in parallel criminal cases.

The German company and a Hungarian unit will pay more than $95 million to settle U.S. criminal and civil probes into the bribery of government officials in Macedonia and Montenegro.

The U.S. Treasury Department plans to start charging large banks a fee to cover the costs of the financial risk council it leads and a research office tasked with measuring threats to financial markets.

U.S. securities regulators sued former top executives at Fannie Mae and Freddie Mac on Friday, saying they misled investors over exposure to risky mortgages.

MF Global's former chief Jon Corzine denied allegations before senators on Capitol Hill, after a CME group executive said Corzine might have known about a $175 million loan of customer funds to a European affiliate.

U.S. regulators now have a more complete picture of money transfers in the final days of bankrupt brokerage MF Global, but must sort out which transactions were legitimate before more money can be released to customers, a top official told Reuters on Wednesday.