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By Joshua Gallu and Robert Schmidt, Bloomberg |
October 19, 2012
What Mary Schapiro considered her most important task had just run aground, a symbol of the aspirations and missed opportunities of her tenure as head of the U.S. Securities and Exchange Commission.
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By Greg Farrell and Lindsay Fortado |
July 26, 2012
The U.S. Justice Department is preparing to file charges this fall against traders from several banks in the global probe of interest rate-rigging.
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By Silla Brush, Bloomberg |
July 17, 2012
The CFTC reviewed operations at PFG Inc. at least twice since 2006 without detecting the fraud that led to the collapse of the futures broker.
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By Silla Brush, Bloomberg |
July 17, 2012
The U.S. Commodity Futures Trading Commission reviewed operations at PFGBest at least twice since 2006 without detecting the fraud that led to the collapse of the futures broker and a $200 million shortfall in client funds.
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By Linda Sandler, Bloomberg |
June 25, 2012
The U.S. Supreme Court won’t hear an appeal by Bernard Madoff’s investors over whether they can recover lost profit, an action that lets stand the Madoff trustee’s calculation that investors lost $17 billion.
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By Linda Sandler, Bloomberg |
May 25, 2012
Bernard Madoff’s investors shouldn’t be allowed to appeal a court ruling denying them payment for fake Ponzi profits on their account statements, the U.S. Securities and Exchange Commission said.
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April 4, 2012
U.S. District Judge Jed Rakoff doesn’t shy away from high-profile fights.
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By Bob Van Voris and Linda Sandler, Bloomberg |
March 19, 2012
The New York Mets owners agreed to pay $162 million to settle a $303 million lawsuit by the liquidator of Bernard Madoff’s firm, just before they were due to go to trial for allegedly ignoring the fraud.
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By Thom Weidlich, Bloomberg |
March 16, 2012
The U.S. Securities and Exchange Commission and Citigroup Inc. won a delay in the trial of a lawsuit the agency brought against the bank while an appeals court considers a judge’s refusal to approve their $285 million settlement.
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By Michael McFarlin |
September 28, 2010
Congress passed a bill last week closing a loop hole in the Dodd-Frank Act that gave the Securities Exchange Commission (SEC) broad exemption to the ...
