Barclays Capital Inc., a unit of Barclays PLC, has agreed to pay a $15 million fine for failing to beef up its compliance system after acquiring Lehman Brothers advisory business in 2008.
The SEC adopted new rules targeting conflicts of interest at credit ratings firms, a problem the regulatory agency said contributed significantly to the 2008 financial crisis.
A jailed con man has been charged for the second time this month with luring investors into a phony venture via made-up press releases -- this time a non-existent solar energy company.
A business unit of Citigroup will pay $5 million to settle civil charges that one of its private trading venues violated federal law by not protecting clients' confidential trading data.
A jury found Rengan Rajaratnam not guilty of U.S. charges he was part of his older brother's insider-trading conspiracy.
The SEC will widen its focus on market reforms aimed at leveling playing fields for all participants, now targeting bond markets.
Lots of people want to know where all the money from those huge Wall Street settlements goes. The simple answer is that no one knows.
The controversial practice of high-frequency trading could face far greater scrutiny from the Securities and Exchange Commission under an array of proposals.