Legislation Regulations

  • President Obama and Tim Geithner

    The White House is returning to the  complicated task of pushing radical financial regulatory reform through Congress by focusing voters on new consumer protections.

  • As the Department of Justice scrutinizes Ticketmaster and LiveNation's proposed merger here in the US overseas the UK's main antitrust regulator already decided it has some problems with the combination of the ticketing giant and the world's largest concert promoter. This morning Britain's Competition Commission provisionally ruled against the planned merger, saying it "will limit the development of competition in the market for live music ticket retailing."

  • Kenneth R. Feinberg, the Treasury Department's special appointee for executive compensation.

    As the Obama administration’s pay czar, Kenneth R. Feinberg, contemplates curbing compensation for the top 100 executives at each of the seven companies that received big bailouts — including Bank of America — the Merrill Lynch experience raises some sobering questions.

  • Credit Cards

    Bank of America on Tuesday pledged not to hike credit card interest rates or fees before a new law intended to reform industry practices takes effect in February.

  • Close up of someone typing on a laptop.

    For nearly three decades, the Federal Trade Commission’s rules regarding the relationships between advertisers and product reviewers and endorsers were deemed adequate. Then came the age of blogging and social media.

  • US Supreme Court

    The new Supreme Court term that begins Monday will be dominated by cases concerning corporations, compensation and the financial markets that could signal the justices’ attitude toward regulatory constraints at a time of extraordinary government intervention in the economy.

  • FED_RESERVE3.jpg

    Hedge funds, trying to separate themselves from the big Wall Street banks, are stepping up their efforts to head off new regulation from Washington. The New York Times reports.

  • Sen. Chris Dodd (D-Conn) told CNBC Wednesday that he hopes to get a bill on financial regulation reform to the Senate floor by January of next year.

  • GTA: San Andreas

    The issue of whether minors should be legally prohibited from buying violent video games may soon be settled – once and for all.

  • David Kotz

    The internal watchdog at the Securities and Exchange Commission is recommending dozens of reforms at the agency following its failure to detect the Madoff Ponzi scheme.

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    Twenty-two large banks in Europe may have accumulated credit losses of close to $580 billion for this year and next, the New York Times reports.

  • Bank

    U.S. commercial banks earned $5.2 billion trading derivatives in the second quarter, as the level of risk eased in the global market for the complex financial instruments, according to a government report released Friday.

  • Ratings agencies need to adopt universal standards to prevent the kinds of abuses that helped fuel the collapse of the credit markets, an industry whistleblower told CNBC.

  • SEC_logo_200.jpg

    The Securities and Exchange Commission spends a lot of time and money trying to discover insider trading in stocks. But when it comes to structured financial products — the funny securities that were at the heart of the financial crisis — it has just adopted a proposal that will facilitate such trading, says the NYT's Floyd Norris.

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    President Barack Obama has described how his Administration intends to overhaul U.S. financial regulations. The hallmarks of these reforms, he said, would be transparency and accountability. A more difficult challenge will be to persuade the Federal Reserve System to release similar information on the $2 trillion of emergency loans it made as part of its economic recovery program.

  • One thing that’s missing from this recovery is jobs. Where will they come from? Karen Finerman asks Secretary of Labor Hilda Solis.

  • Wall Street

    Tougher financial rules have been stymied by industry lobbying, government turf battles and a stabilizing banking system. Some analysts fear another crisis is inevitable.

  • pharma_new3.jpg

    Iin light of evidence that some drug makers have gone to great lengths to turn scientific articles into marketing vehicles for their products, some influential medical editors are cracking down on industry-financed ghostwriting. And they are getting help from some members of Congress.

  • One thing that’s missing from this recovery is jobs. Where will they come from? Karen Finerman asks Secretary of Labor Hilda Solis.

  • Bank of America

    It’s been four decades since the go-go years of the late 1960s, when hot mutual funds captured the imagination of investors by reporting performance that was too good to be true. It’s been so long that Bank of America seems to have forgotten what happened.