SEC

New Federal Crackdown on White Collar Crime

Justice Dept. policies are expected to be announced on Thursday intended to increase the number of white-collar cases brought against corporate executives. The new guidelines are intended to focus on individual executives from the start.

J.P. Morgan to Pay $307M for Disclosure Violations

J.P. Morgan Chase has agreed to pay $307 million in fines to settle charges the bank’s investment advisors pushed J.P. Morgan products on their clients without disclosing the conflicts of interest.

Clinton's Commitment to Wall Street Crackdown Questioned

In a New York Times OpEd piece, Hillary Clinton says laws and regulations approved in the wake of the 2008 financial crisis don’t go far enough toward preventing another meltdown. But skeptics question her commitment to cracking down on the big banks.  

Avon Reaches Preliminary Bribery Probe Deal; Revenue Falls

Avon Products will pay the U.S. government $135 million to settle a multiyear probe into its efforts to develop new markets overseas, according to a preliminary understanding the beauty products company disclosed on Thursday.

Alcoa Unit Settles Bribery Case for $384M

An Alcoa alumina refining unit agreed on Thursday to settle federal charges of bribery involving foreign government officials, paying a total of $384 million.

Microsoft Employee Charged With Insider Trading

A Microsoft senior portfolio manager was charged with insider trading for funneling information to a friend and business partner ahead of public announcements by the software giant.