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By Press Release |
August 7, 2012
The SEC charged Pfizer Inc. with violating the Foreign Corrupt Practices Act (FCPA) when its subsidiaries bribed doctors and other health care professionals employed by foreign governments to win business.
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By Gary Gensler |
August 7, 2012
In an op-ed written for "The New York Times," CFTC Chairman Gary Gensler proposes that we need to move away from Libor for setting interest rates and instead look to other benchmarks.
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By Christopher Condon and Alexis Leondis, Bloomberg |
July 26, 2012
BlackRock Inc., Fidelity Investments and Vanguard Group Inc., firms that collectively manage more than $7 trillion, are gauging how their clients have been hurt by Libor manipulation.
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By Press Release |
July 25, 2012
CFTC orders Interactive Brokers LLC, a registered futures commission merchant, to pay $700,000 for large trader reporting and supervision violations.
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By Press Release |
July 25, 2012
NFA President Dan Roth's testimony to the House Ag. Committee regarding NFA's role in monitoring PFGBest.
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By Marlene Y. Satter, AdvisorOne |
July 23, 2012
Traders who manipulated the London interbank offered rate (Libor) may find the hot water they’re in rising to a boil.
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By John Detrixhe, Bloomberg |
July 19, 2012
Barclays Plc’s admission that it rigged the London interbank offered rate shows regulators, central bankers and politicians weren’t paying attention when everyone from Citigroup Inc. to the Bank for International Settlements indicated that the measure was being manipulated.
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By David McLaughlin, Bloomberg |
July 16, 2012
Attorneys general in at least three states are conducting investigations tied to alleged manipulation of the London interbank offered rate, adding to probes by U.S. and U.K. authorities.
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By Kevin Crowley, Howard Mustoe and Robert Hutton, Bloomberg |
July 10, 2012
Barclays Plc Chief Executive Officer Robert Diamond was accused of misleading U.K. lawmakers after a letter from the Financial Services Authority emerged, contradicting his claim regulators were “happy” with the bank.
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By Jesse Westbrook and Liam Vaughan, Bloomberg |
July 6, 2012
Robert Diamond said a backlash that has led to the resignation of senior managers and erased $5 billion from the bank’s market value is a consequence of the lender being the first sanctioned for rigging interest rates.
