Government Agencies SEC

  • SEC

    Securities and Exchange Commission staffers are denying they "stood down" in their investigation of accused fraudster Allen Stanford, according to a Congressman who attended a closed-door briefing on the case this morning.

  • igindex_many_traders_200.jpg

    They have been reviled as the bad hats of Wall Street, nefarious traders who cashed in on the market collapse and, some insist, helped precipitate it.  Now short-sellers are coming under even more unwanted scrutiny, this time from federal regulators.

  • Beazer Home

    Federal prosecutors in North Carolina filed criminal fraud conspiracy charges against Beazer Homes USA on Wednesday, but they agreed to dismiss the case if the company complies with an agreement accepting responsibility for certain wrongdoing and pays millions to victims.

  • Bernie Madoff mugshot

    Disgraced investment manager Bernard Madoff will be seeking leniency at his sentencing on June 29, according to a letter his lawyer filed with US District Court in New York.

  • A federal magistrate in Houston has agreed to release indicted billionaire Allen Stanford on bond, but the release has been delayed while prosecutors appeal the ruling.

  • Steve Jobs

    Warren Buffett told CNBC that Apple has been too secretive about the health problems facing CEO Steve Jobs, saying the company should have immediately disclosed Jobs' liver transplant.

  • madoff_bernard_05.jpg

    Three lawsuits filed on Monday provided new details about what regulators say went on inside Bernard L. Madoff’s long-running Ponzi scheme, including information about who might have helped perpetuate the fraud for so long.

  • Bernie Madoff mugshot

    Disgraced investment manager Bernard Madoff will be seeking leniency at his sentencing on June 29, according to a letter his lawyer filed with US District Court in New York.

  • stanford_allen_court_sketch.jpg

    Texas billionaire R. Allen Stanford entered a federal courtroom to face charges that he ran a $7  billion Ponzi scheme in shackles, a stark contrast from his usual polished look.  Defense attorneys accused the government of grandstanding.

  • stanford_allen.jpg

    Brash Texas billionaire R. Allen Stanford was indicted and jailed Friday on charges his international banking empire was really just a Ponzi scheme built on lies, bluster and bribery.

  • Allen Stanford

    Magistrate Hannah Lauck (Lock) agreed with prosecutors during a hearing Friday in Richmond, Va., that Stanford poses a flight risk and ordered a detention hearing.

  • stanford_allen.jpg

    At least five individuals, including Texas financier Allen Stanford, have been arrested following a sweeping federal indictment over an alleged $8 billion Ponzi scheme, CNBC had learned. Stanford and the others are expected to appear before federal magistrates in three states Friday.

  • stanford_allen.jpg

    A bipartisan group of 16 members of Congress is demanding answers from the Securities and Exchange Commission about its handling of the alleged Ponzi scheme at Stanford Financial.

  • The court-appointed Receiver in the Stanford case, Ralph Janvey, discounted last night's motion by Stanford's attorneys to disqualify the law firm of Baker Botts, one of Janvey's main law firms.

  • Cramer says it might be the latter, and there’s one ETF in particular that’s at fault.

  • Treasury Secretary Nominee Lawrence Summers

    National Economic Counsel Advisor Larry Summers told CNBC Tuesday that President Obama's call for new regulations in the financial industry has no winners or losers and is more like a re-organization than creating new agencies

  • President Barack Obama

    President Barack Obama is ready to roll out an overhaul of the intricate rules and systems that govern America's troubled financial institutions, proposing the most ambitious revision since the Great Depression.

  • financial_advisor.jpg

    About two months ago, I wrote a column about how Matthew Weitzman, our family’s financial planner, was under investigation for reportedly siphoning money from clients’ accounts. Well, the ax finally fell on Wednesday.

  • Gavel

    Exactly a year after swindler Samuel Israel III disappeared, the girlfriend who helped him has been sentenced to four months of home confinement.

  • stanford_allen.jpg

    The investigation into Texas tycoon Allen Stanford and his alleged $8 billion ponzi scheme has broadened, CNBC has learned.