CNBC's Mary Thompson reports former vice president of Goldman Sachs Fabrice Tourre will not appeal the SEC against him.
Mary Jo White even said Michael Lewis was wrong—the markets AREN’T rigged. Still, this HFT trader has a big thank you for the “Flash Boys” author.
Everyone's buzzing about HFTs having a speed advantage but this NYU professor and former HFT trader says not so fast — there's more.
A new study finds that the typical 401(k) would erase $70,000 from an average worker's account over a four-decade career.
"Fast Money" trader Jon Najarian says there are two keep problems with high-frequency trading and he’s got two solutions to “unrig” this market.
Few who have followed the Caribbean island's financial troubles doubt that a massive restructuring is in its future.
The U.S. Senate approved Federal Reserve Governor Sarah Bloom Raskin to be the No. 2 official at the Treasury Department.
More client-hungry hedge fund managers are looking to put their investment strategies to work in ETFs, but the move may cost them.
The Pimco Total Return Fund, the world's largest bond fund, trailed more than 70 percent of its peers in February preliminary Morningstar data showed.
The $3.7 trillion US municipal bond market has been stunned by what would have been unthinkable a few months ago: Puerto Rico debt is rallying.
The Supreme Court ruled that the victims of former Texas tycoon R. Allen Stanford's massive Ponzi scheme can go forward with class-action lawsuits.
US mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt.
Morgan Stanley will resolve its mortgage backed securities litigation for $1.25 billion, reports CNBC's Kayla Tausche.
Investors bet Hungary and Russia will be the next emerging economies forced to defend their currencies after India, Turkey and South Africa.
Pimco rose 1.35 percent in January after posting its worst annual loss since 1994 last year, preliminary data from Morningstar showed on Monday.
The White House is not considering a financial bailout for Puerto Rico, an Obama administration official says.
Islamic bond issues could hit record levels this year, Fitch said on Thursday — the same day as Qatar launched a $3 billion issue of "sukuks".
U.S. Treasury Secretary Jack Lew finished his Europe tour in Portugal on Thursday, which looked set to launch a five-year bond.
Pimco's Total Return Fund saw its assets sink by $41.1 billion in 2013, as U.S. Treasuries bets went south
A key component in Detroit's plan to exit bankruptcy will either be renegotiated over the next week or possibly face litigation, an attorney says.