SANTIAGO, Nov 26- Chile's financial regulator said on Thursday it had fined Santiago- based businessman Juan Bilbao Hormaeche some $3.2 million for using insider information to trade shares of drug company CFR Pharmaceuticals SA. The move came about a month after the U.S. Securities and Exchange Commission reached a $13.2 million dollar settlement with...» Read More
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.
A federal judge ordered former Goldman Sachs director Rajat Gupta to reimburse $6.22 million to the bank to help cover its legal expenses related to his criminal insider trading case.
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.
Should investors be extremely concerned about the widespread theft of information from corporate networks?
A new distribution announced Tuesday by court-appointed trustee Irving Picard will bring the total amount returned to investors past $5 billion for the first time.
A payday for victims of Bernie Madoff's Ponzi scheme, as the trustee rounding up the fraudulent funds is set to give back more of it, reports CNBC's Scott Cohn.
Concern is growing about risks to U.S.-based multinationals in a country where American audit regulators are locked out by the Chinese government and bribery and fraud are routine.
CNBC's Jim Cramer provides his take on Disney's earnings, and the outlook on media companies.
Bart Chilton, CFTC commissioner, discusses the details of RBS' settlement deal, and how they caught the traders who thought they were above the law.
Richard Hoey, BNY Mellon chief economist; and Michael Santoli, Yahoo! Finance senior columnist, discuss the details of the Justice Department's civil suit against the S&P, and what lead to the crisis.
Attorney General Eric Holder announces the Justice Department is filing a civil suit against Standard and Poor's for alleged fraud on mortgage ratings. And, CNBC's David Faber and Scott Cohn, weigh in.
Floyd Abrams, Cahill Gordon & Reindel partner, discusses the merits of the Department of Justice's civil lawsuit against Standard & Poor's rating agency for alleged ratings fraud.
CNBC's Gary Kaminsky takes a look inside the SEC crime lab, where six terabytes of digital data, emails and documents come in for review every month.
CNBC's Gary Kaminsky takes a look at the massive amount of digital data that pours into the SEC's enforcement division, which is in charge of investigating violations of securities laws.
CNBC's Scott Cohn reports the SEC wants to make it more enticing for employees to report fraud at work, particularly in light of recent revelations about attempts to blow the whistle on Bernie Madoff and Ron Allen.
CNBC's Gary Kaminsky spent time with SEC's Bruce Karpati to learn more about his division, which investigates allegations of fraud committed by investment advisers. Kaminsky reports that if you're breaking the law, the agency will find you.
SAC Capital Advisors expects client withdrawals of at least $1 billion in 2013 as the hedge fund battles intense regulatory scrutiny over insider trading allegations, the Wall Street Journal said on Friday, citing people briefed on the matter.
To Philip Horn, the Braemar Country Club was not just a golf course, it was an extension of his office. Most weeks, Mr. Horn, a financial adviser at Wells Fargo, chatted up potential clients between holes at the upscale club set against the backdrop of the Santa Monica Mountains. The NYT reports.
CNBC's Mary Thompson reports the former hedge fund manager pleaded not guilty to insider trader charges.
CNBC's Mary Thompson reports the latest details on former hedge fund portfolio manager Mathew Martoma's arraignment in New York City on insider trading charges.