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Government Agencies SEC

  • WASHINGTON, March 8- Wall Street attorney Jay Clayton will recuse himself from matters involving Barclays Bank, Deutsche Bank AG and other clients he has recently represented if confirmed to head the U.S. Securities and Exchange Commission under the terms of an ethics agreement disclosed on Wednesday. Under the agreement, Clayton will not participate in SEC...

  • MUNICH, Germany, March 8- Finalizing a merger with Praxair is likely to take "several months," the chief executive of Linde said in a letter to a shareholder association, reiterating he saw no need to ask shareholders to vote on the $65 billion deal. In a letter to German retail-shareholder association DSW filed with the U.S. Securities and Exchange Commission, Linde...

  • WASHINGTON, March 8- Wall Street attorney Jay Clayton, President Donald Trump's pick to head the U.S. Securities and Exchange Commission, has vowed to recuse himself from agency matters involving his law firm and former clients, according to an ethics agreement made public on Wednesday. Under the agreement, the Sullivan& Cromwell attorney will not participate...

  • WASHINGTON, March 7- Wall Street dealmaking attorney Jay Clayton will appear before the U.S. Senate Banking Committee on March 23 for his confirmation hearing to become the next chairman of the Securities and Exchange Commission. Among the group's main concerns are whether Clayton will be tough on enforcement, maintain the SEC's regulatory independence and...

  • WASHINGTON, March 3- President Donald Trump's pick to chair the Securities and Exchange Commission, Jay Clayton, passed a key hurdle toward his confirmation after a government ethics watchdog gave him a clearance, a person familiar with the matter said on Friday. After a clearance is issued, the paperwork is then typically reviewed by the White House and sent to...

  • NEW YORK, March 3- Digital currency bitcoin hit a record high on Friday on optimism about the approval of the first U.S. bitcoin exchange-traded fund by the Securities and Exchange Commission. Investors Cameron and Tyler Winklevoss have a pending application with the SEC for a bitcoin ETF, which was filed nearly four years ago. If approved by the SEC, this would be...

  • Federal law enforcement officials raided three central Illinois facilities of manufacturer Caterpillar on Thursday.

  • The logo of SoftBank is displayed at an entrance of a shop in Tokyo's shopping district Ginza on February 8, 2017.

    The U.S. SEC said on Tuesday it froze the assets of certain traders in a suspected insider trading scheme on the Softbank-Fortress deal.

  • Caterpillar shares slid Thursday after the company confirmed that law enforcement is searching its facilities in Peoria, Illinois.

  • Snap cofounders Evan Spiegel (R) and Bobby Murphy walk to ring the opening bell of the New York Stock Exchange shortly before the company's IPO in New York, March 2, 2017.

    Snap just listed on the New York Stock Exchange, and this infographic explains how an initial public offering works.

  • BOSTON, March 1- An investor committee that advises the U.S. Securities and Exchange Commission will next week review if Snap Inc's decision to deny shareholders voting rights might also reduce the social media company's public disclosures on executive pay and other governance matters, the head of that committee told Reuters on Wednesday.

  • The amount of commercial bank loans to state and local governments has more than doubled since the financial crisis, increasing from $66.5 billion at the end of 2010 to $153 billion by the end of 2015, according to the SEC. The SEC said it will seek public comment on the proposal before taking its final action. The National Federation of Municipal Analysts in...

  • Tim Pawlenty

    The rule requires retirement advisors to put their clients' best interest first, but industry groups don't like it.

  • Collectively, the measures unveiled by the SEC on Wednesday aim to "focus the light of disclosure in ways that empower investors" while also promoting "efficient regulation," Piwowar said. One such initiative, for instance, calls for public comments on how the SEC should update stale, 30- year-old guidance to the banking sector about certain statistical...

  • The SEC said unidentified traders at brokerages in London and Singapore had information on the acquisition before it was made public. The SEC said the traders purchased Fortress stock on Feb. 14 and sold it the following day for profits totaling $3.6 million. "The SEC's emergency action to freeze the proceeds of the traders' highly suspicious transactions...

  • DETROIT, Feb 28- Fiat Chrysler Automobiles NV Chief Executive Sergio Marchionne received $12 million in pay and benefits for 2016, the automaker reported to the U.S. Securities and Exchange Commission on Tuesday in its annual report. For 2015, Marchionne, 64, received total compensation estimated at $74 million, which included shares worth about $63 million...

  • DETROIT, Feb 28- Fiat Chrysler Automobiles NV has received subpoenas from U.S. federal and state authorities, including the Securities and Exchange Commission, related to alleged excess diesel emissions by some of its vehicles, the automaker revealed in a filing with the SEC on Tuesday. On the diesel emissions issue, FCA said it has "received various inquiries,...

  • DETROIT, Feb 28- Fiat Chrysler Automobiles NV has received subpoenas from U.S. federal and state authorities, including the Securities and Exchange Commission, related to alleged excess diesel emissions by some of its vehicles, the automaker revealed in a filing with the SEC on Tuesday. On the diesel emissions issue, FCA said it has "received various inquiries,...

  • DETROIT, Feb 28- Fiat Chrysler Automobiles NV is being investigated by the U.S. Securities and Exchange Commission, the U.S. Justice Department and several state attorneys general for alleged excess diesel emissions by some of its vehicles, the automaker revealed in a filing with the SEC on Tuesday.

  • Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.