SEC

Bank of America Corp's Merrill Lynch unit will pay $415 million and admit to wrongdoing to settle charges that it misused customer cash to generate profits and failed to safeguard their securities from creditors, the U.S. Securities and Exchange Commission said on Thursday.

An investment advisor ripped off Mark Sanchez, Jake Peavy and Roy Oswalt by secretly investing millions of dollars in a troubled online ticket seller, according to a lawsuit filed by the SEC.

An investment advisor ripped off Mark Sanchez, Jake Peavy and Roy Oswalt by secretly investing millions of dollars in a troubled online ticket seller, according to a lawsuit filed by the SEC.

Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was arrested last week on insider trading charges, has been found dead in an apparent suicide, the police said on Tuesday.

Oppenheimer & Co agreed to pay nearly $3 million in fines and restitution to settle U.S. regulatory charges that it improperly sold risky exchange-traded funds to risk-averse elderly customers and other retail investors.

Oppenheimer & Co agreed to pay nearly $3 million in fines and restitution to settle U.S. regulatory charges that it improperly sold risky exchange-traded funds to risk-averse elderly customers and other retail investors.

Former American International Group chief executive Maurice 'Hank' Greenberg must face a fraud trial over transactions at the insurer, New York's highest court ruled on Thursday.

Former American International Group chief executive Maurice 'Hank' Greenberg must face a fraud trial over transactions at the insurer, New York's highest court ruled on Thursday.

Nearly 7-1/2 years after Bernard Madoff's Ponzi scheme was unmasked, the court-appointed trustee recouping money for the swindler's victims on Thursday sought court approval to free up another $247 million to help cover their losses.

Citigroup and its affiliates have agreed to pay a collective $425 million to resolve civil charges the bank attempted to manipulate several key benchmarks, including the U.S. dollar ISDAFIX, the Yen Libor and the Euroyen TIBOR, the Commodity Futures Trading Commission said.

Phil Mickelson has agreed to repay nearly $1 million he made from an insider tip on Dean Foods, although the professional golfer was not criminally charged as part of the investigation.

The U.S. has taken prudent steps to prevent another stock market 'Flash Crash', other countries remain vulnerable.

A U.S. appeals court on Wednesday upheld the convictions of five former employees of Bernard Madoff's firm who prosecutors said helped their boss conceal his multibillion-dollar Ponzi scheme for years.

Blood-testing firm Theranos Inc confirmed on Monday it is under investigation by federal prosecutors and the U.S. Securities and Exchange Commission.

Former UBS chairman Joe Grano, told FOX Business Network’s Neil Cavuto that while the bank’s fine is just a drop in its bucket, the fact that it is paying and another entity is getting off the hook without much punishment of its own is telling.

The Securities and Exchange Commission on Wednesday approved new rules that require publicly traded companies to reveal the gap between what their CEO makes and what rank and file employees take home.

Exclusive: Tim Geithner’s AIG deposition provides a somewhat different take on his actions during the financial crisis than what appears in his new memoir.

JPMorgan Chase will pay roughly $920 million in fines to four agencies over its massive ‘London Whale’ trading loss.

The Securities & Exchange Commission’s probe into a major insider trading case connected to the House Ways & Means Committee is being stymied by the committee’s attorneys.