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By Whitney Kisling and Lindsey Rupp, Bloomberg |
March 25, 2013
Regulators cleared Nasdaq OMX Group Inc.’s plan to pay $62 million to compensate brokers for its mishandling of Facebook Inc.’s public debut, dealing a defeat to Wall Street firms that say they lost many times that amount.
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By Jim Brunsden, Bloomberg |
March 22, 2013
Global regulators are planning to crack down on banks that underestimate their capital requirements because of the way they use credit-default swaps and other instruments to lower the amount of risk on their books.
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By Philip McBride Johnson |
March 21, 2013
On March 15, the Federal Court of Appeals for the District of Columbia nullified FERC's order fining Brian Hunter $30 million dollars for manipulating the price of natural gas futures contracts on the New York Mercantile Exchange in 2006.
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By Bob Van Voris, Bloomberg |
March 19, 2013
JPMorgan Chase & Co. won a judge’s ruling rejecting a bid to revive claims that it manipulated silver futures and options prices in violation of U.S. antitrust law.
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By Jim Brunsden and Rebecca Christie, Bloomberg |
March 19, 2013
European Union lawmakers and national governments clinched a provisional deal on legislation to turn the European Central Bank into a supervisor.
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By Mary Childs and Elizabeth Dexheimer, Bloomberg |
March 18, 2013
Bruno Iksil, the JPMorgan Chase & Co. trader known as the London Whale, had an e-mail sent to about 20 colleagues last year estimating almost double the daily losses his book had shown thus far. Then the phone rang.
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By Richard Rubin, Bloomberg |
March 18, 2013
As Congress returns this week to confront immediate budget issues that have consumed the debate in Washington, lawmakers are preparing to pivot to topics such as immigration, gun control and energy policy.
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By Press Release |
March 13, 2013
In the keynote address at the FIA Boca conference, CFTC Chairman Gary Gensler addressed a range of issues including market reforms, Libor and customer protections.
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By Silla Brush, Bloomberg |
March 7, 2013
Futures brokerages say a proposed U.S. rule meant to protect customers’ money in a collapse like MF Global Holdings Ltd.’s bankruptcy may end up driving clients from the market and companies out of business.
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By Greg Stohr, Bloomberg |
February 27, 2013
The Securities and Exchange Commission must move more quickly in pressing some fraud lawsuits, the U.S. Supreme Court ruled in a decision that may affect agencies across the government.