The mutual fund industry today called for combining the Securities and Exchange Commission and the Commodity Futures Trading Commission into a one entity.
The Department of the Treasury and the Federal Reserve today launched a program designed to increase lending to consumers and small businesses.
Banks need to get rid of toxic assets, Boston Federal Reserve Bank President Eric Rosengren told a group of bankers yesterday in Washington.
Federal authorities have frozen $138 million in North Dakota's state pension and workers compensation funds, records show.
The Securities Investor Protection Corp. will raise member brokerage firm assessments to 0.25% of net operating revenue. The new rate, up from the current flat $150 per year, is effective April 1.
The Ohio Department of Insurance today released the names of the 20 companies that have raised their surplus levels through approved accounting breaks.
The Public Company Accounting Oversight Board may soon have the authority to inspect auditors for all broker-dealer firms, even private ones.
A state judge issued a temporary restraining order against two Montana firms accused of bilking seniors out of millions of dollars in a securities fraud scheme.
The Ohio Department of Insurance has confirmed it will provide temporary reserve relief for 20 insurance companies headquartered in the state.
Many analysts and money managers wondered what impact nationalization would have on other bank stocks.
Obama administration begins "stress tests" to gauge the health of America's biggest banks.
Scott Eyre, a left-handed relief pitcher with the reigning World Series champion Philadelphia Phillies, has joined the roster of major-league players ensnared by the Stanford Financial scandal.
In the first watchdog criticism of the Obama administration’s handling of the financial bailout, the head of a congressional oversight panel said the new Treasury Department plan “lacks crucial details,” especially about how it will treat toxic securities held by banks.
With many major companies trading in penny-stock territory, the New York Stock Exchange is considering relaxing a rule that requires shares to trade above a dollar.
A former Secret Service agent is expected to be named chairman of the organization overseeing the federal-economic-stimulus-plan spending.
Trustees handling Bernard L. Madoff Securities is in the process of selling the market making operation connected with the firm, trustee Irving Picard said today .
A trustee of a charitable foundation that helps poor people in Central America and Mexico has filed a civil case against Texas billionaire financier R. Allen Stanford.
Commentators in Switzerland voiced their anger at the bank's business practices and what they saw as heavy-handed treatment by U.S. authorities.
Broker-dealers and registered representatives are being hit by the legal fallout of the historic market collapse.
