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.
Huge Wall Street Fines Raise Calls for More Transparency
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.
Money Market Funds: A Financial Dinosaur - Who Uses Money Markets Today, and Why?
Today’s money market funds are returning a staggeringly low 0.01% annually. Learn why people are still investing in them.
Feds: Hackers Stole News Releases, Made $100M from Trades
The DOJ and SEC filed charges against a total of 32 people who allegedly took part in a scheme to hack newswire services and trade on nonpublic information.
Marwood Grp Gets Wells Notice in Insider Trading Crackdown on 'Political Intelligence'
Federal regulators are poised to take on “political intelligence” as part of their broad crackdown on insider trading practices, a move some legal experts say could vastly expand the current legal definition of what constitutes an illegal trade, the FOX Business Network has learned.
Full Text: Preet Bharara’s Statement on Acquittal of Rengan Rajaratnam
A jury found Rengan Rajaratnam not guilty of U.S. charges he was part of his older brother's insider-trading conspiracy.
Author: U.S. Stock Market 'Rigged' By High-Speed Traders
Author Michael Lewis told '60 Minutes' he believes the U.S. stock market has been 'rigged' by a combination of exchanges, Wall Street banks and high-speed traders.
Herbalife Sells Off as U.S. Senator Calls for Pyramid Scheme Probe
Shares of Herbalife tumbled 15% on reports that a U.S. Senator has called on regulators to investigate the controversial nutrition company.
Report: Panasonic Unit Investigated by U.S. for Bribery
U.S. authorities are reportedly probing whether the company paid bribes overseas to airline employees or government officials to help land business.
Report: Panasonic Unit Investigated by U.S. for Bribery
U.S. authorities are reportedly probing whether the company paid bribes overseas to airline employees or government officials to help land business.
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.
Appeals Court Ruling Strikes at Insider Trading Cases
An appeals court ruling in two high-profile insider trading cases could have a chilling effect on federal prosecutors’ long-running campaign to root out the illegal practice on Wall Street.
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.
Report: SEC Zeros in on Booming CLO Market
The SEC is probing whether the surging market for collateralized loan obligations paves the way for banks to illegally hide certain risks or commit fraud.
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.
Report: Feds Probe Big Banks Over Post-Crisis Bond Deals
The SEC and Sigtar are reportedly examining whether banks like Barclays and Goldman Sachs misled investors by deliberately mispricing mortgage bonds after the crisis.
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.
Avon Dives 20% on Bribery Settlement Warning, 3Q Earnings Miss
Avon warned that negotiations with the government over a bribery probe could lead to a massive settlement that would materially impact the business.
WSJ: JPMorgan Offers DOJ $3 Billion Settlement to Resolve Slew of Probes
The largest U.S. bank, JP Morgan Chase, reportedly offered to pay $3 billion to settle a wide range of ongoing probes by the government.
















