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Japan Tsunami

SEC Eyes Investment Firms' Exposure to Russia

As geopolitical risks in Crimea have increased, the Securities and Exchange Commission recently proactively contacted public funds with exposure to beaten-down Russian markets to confirm they are weighing risks and properly disclosing their investments.The talks with registered investment companies such as mutual funds and exchange-traded funds occurred more than a week ago and amid increased turbulence in Russian markets.Russia's stock market tumbled 14% during a two-week stretch before bouncing back more than 6% this week amid easing tensions over Moscow's invasion and eventual annexation of Crimea. Similarly, the Russian ruble has rebounded after plunging to record lows earlier this week.The SEC said it is being "proactive" by contacting public investment firms and noted it conducted similar outreach efforts involving Puerto Rico, Egypt and Japan following the 2011 tsunami and earthquake."We want to be proactive, so we are making sure the firms are thinking about it," Norm Champ, di...

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  1. Wesbury: We are in a plow-horse economy

    First Trust Advisors chief economist Brian Wesbury discusses economic growth.

  2. The global economy and markets

    First Trust Advisors chief economist Brian Wesbury on growth in the emerging markets.

  3. Navy responders to nuke plant disaster sickened

    Three years after earthquake and tsunami struck Japan and caused a nuclear power meltdown, at least 100 Navy first responders suffer from unexplained illnesses

  4. U.S. Economic Growth Outlook Brightens

    After years of lackluster growth that was continuously threatened by political and external events, the risks to the U.S. economy finally appear to be firmly on the ...

  5. Has President Obama become the ‘King of the Blame Game?’

    FBN’s Stuart Varney argues President Obama won’t accept the blame for health-care failures.

  6. Debris from Japan heading to U.S.?

    University of Oregon professor John Chapman on toxic debris from Japan ’s tsunami heading to the U.S.

  7. Trucks, Luxury Brands Lift October Auto Sales

    U.S. auto sales took a big turn to the positive side in October, as car makers posted double-digit gains amid strong demand for pickup trucks and luxury vehicles.Aut...

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